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A hospital’s land and buildings are sold, often to a real estate investment trust (REIT), then leased back to the hospital.
Internal investigators said a number of transactions, including money taken by private equity owners and distributions to ...
An internal investigation report says the company’s former owner and ex-CEO improperly collected over $1 billion from the ...
A recent court filing alleges that more than $1 billion in payments were made to insiders of the now-bankrupt Steward Health ...
Bankrupt Steward Health Care System LLC’s push to deprioritize the payment of $52.1 million to Massachusetts that was meant ...
The bankrupt Steward Health Care has halted construction on Norwood Hospital and will close its four affiliated clinics in November, according to a notice filed in bankruptcy court on Monday.
Sen. Bernie Sanders (I-Vt.) and colleagues on the Senate Health, Education, Labor and Pensions Committee are opening an investigation into Steward Health Care, a network of hospitals that went ...
Hundreds of nurses and support staff at McLaren Macomb Hospital in Mount Clemens have gone on strike, claiming unfair labor ...
Steward Health Care was formed in 2010 when the private equity firm Cerberus Capital Management acquired a struggling nonprofit hospital chain from the Archdiocese of Boston.
Senators Slam Private Equity–Fueled Hospital Giant in Charged Hearing Steward Health Care declared bankruptcy in May—after years of sacrificing patient care for profits.
A nonprofit based in Warren, Ohio, that runs Trumbull Regional Medical Center and Hillside Rehabilitation Hospital is fighting claims that it owes nearly $300,000 to Roche Diagnostics, 21 WFMJ ...
Following a picket in May to draw attention to what they described as low pay, Morton Hospital staff have a new contract.
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