Three days before it was set to run out of money, bankrupt Steward Health Care said Tuesday it has secured commitments for a ...
A sale-leaseback that doomed many other businesses preceded the bankruptcy of the local health system.
The financing agreement reportedly came three days before Steward was set to run out of money and should keep its 31 ...
Steward Health Care said Tuesday it will seek court approval for a deal worth $225 million in additional financing to help ...
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The feds have raised an objection about Steward Health Care's planned bankruptcy proceedings, seeking additional time to ...
Judges can appoint trustees for “fraud, dishonesty, incompetence or gross mismanagement." Warren says those conditions seem ...
A federal judge Monday ordered Steward Health Care to sell its Massachusetts hospitals at auction by the end of the month, ...
Dallas-based Steward Health Care has snagged an additional $225 million loan commitment from a group of unidentified lenders to keep its 31-hospitals and physician group, Stewardship Health, ...
Steward entered its Chapter 11 restructuring process last month with $75 million in DIP financing from its landlord, Medical Properties Trust. However, when MPT declined to provide further funds ...
BOSTON — Nurse Ellen MacInnis has worked at St. Elizabeth's Medical Center for 26 years. She saw private equity rescue St.