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Steward Health Care says it is selling the 30+ hospitals it operates nationwide
Steward Health Care says it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company said it does not expect interruptions in its hospitals’ day-to-day operations. The company says those will continue in the ordinary course throughout the Chapter 11 process. The company says in court filings Tuesday that Steward...
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Mass. sets up emergency response system to bolster Steward Health Care
State officials have launched an incident command system as they brace for potential health care service disruptions in eastern Massachusetts, escalating their efforts to protect patient safety and access amid the financial turmoil at Steward Health Care. The system, activated through an emergency operations plan, will enable better coordination across state agencies, hospitals, community health centers, community service organizations, labor...
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Mass. House applies Steward lessons in new, expansive health bill
A sweeping new hospital oversight and industry reform bill is on the move atop Beacon Hill, representing what aides to House Speaker Ron Mariano view as the most significant health care cost control legislation in more than a decade. The Legislature’s Health Care Financing Committee on Tuesday moved to advance a redrafted, 97-page proposal that combines lessons learned from the Steward...
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Workers, community worry about Brighton hospital's future amid Steward Health controversy
After 34 years as a nurse at St. Elizabeth’s Hospital in Brighton, Susan Church is worried about losing the job she loves and the community she cares for, as uncertainty swirls around Steward Health Care’s eight operating Massachusetts hospitals. “A lot of us have been here for 30 or 40 years. We all stayed because we do the best job…
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Steward's asset-stripping ‘really despicable,' Healey says
Slamming Steward Health Care executives for “really despicable” conduct, Gov. Maura Healey said Tuesday that she wants Massachusetts and federal regulators to conduct a thorough review of a proposal that would sell Steward’s physician network to for-profit insurer Optum. Healey faced questions during an interview on WBUR’s “Radio Boston” about whether she supports the proposed sale and what might...
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Here's a look at the latest developments in the Steward Health Care crisis
Health and Human Services Secretary Kate Walsh issued a broad warning Tuesday about hasty legislative solutions to address the role of private equity in health care, as Massachusetts officials and hospital leaders continue to brace for potentially major care disruptions amid Steward Health Care’s financial challenges. Walsh did not invoke any specific proposal when asked about the role of...
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State health regulators to meet to discuss Steward Health
State health regulators will be discussing Thursday the Steward Health Care‘s decision to sell-off its physician network in Massachusetts. Steward is trying to sell the network to OptumCare, a subsidiary of UnitedHealth Group. This proposal drew sharp criticism from Sen. Elizabeth Warren and House Speaker Ron Mariano. The Health Policy Commission meeting Thursday will also include a vote on...
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Mass. lawmakers say planned sale of Steward's physician network demands scrutiny
Elected officials are voicing skepticism about a planned deal to sell Steward Health Care’s physician network to for-profit insurer Optum, questioning whether it might do more harm than good as Massachusetts grapples with fallout from Steward’s financial upheaval. A day after regulators announced they would review a potential sale of Stewardship Health to Optum Care, House Speaker Ron Mariano...
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Steward's physician group purchased by Optum, Sen. Markey says
In a disclosure that hinted that further transactions, state health care officials received notifications Tuesday in connection with the proposed sale of Stewardship Health Inc. and the contracting Steward Health Care Network to OptumCare, a subsidiary of UnitedHealth Group. The office of Sen. Ed Markey issued a press release that “Minnesota-based Optum Financial has purchased the physician group of Steward…
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Mass. lawmakers exploring Steward Health Care crisis
Massachusetts lawmakers are holding a hearing Monday to discuss private equity ownership in healthcare. This comes as Steward Health Care, which owns nine hospitals in Massachusetts is in the middle of a financial crisis. The company is now considering pulling out of the state. If this happens, health care will be far less accessible for hundreds of thousands of people….
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Campbell: ‘Everything is on the table' on Steward Health Care
“They need to be more transparent, ” Campbell told Cory Smith and Sue O’Connell about Steward.
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@Issue: Mass. AG says “Everything is on the table” on Steward
“They need to be more transparent, ” Campbell told Cory Smith and Sue O’Connell about Steward.
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Steward Health Care's Fall River hospital has an interested buyer
Steward Health Care’s Fall River hospital has interested buyer
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Mass. lawmakers have busy weeks of negotiations ahead
A busy spring is beginning to take shape on Beacon Hill. Massachusetts lawmakers met Monday to outline their priorities before the calendar shifts to March. Questions quickly centered on budget talks, specifically a $700 million surplus fund to shore up the state’s migrant shelter system. “We wanted to see the numbers that came out today, see what this looks like….
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Mass. lawmakers prepare for busy months
Legislators in Massachusetts have a laundry list of priorities to address.
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Healey calls Steward Health Care ‘a house of cards and a charade'
Steward Health Care, which teeters on a financial crisis that could put multiple Massachusetts hospitals in jeopardy, is a “house of cards and a charade,” Gov. Maura Healey said on Monday, continuing to lash out at the for-profit health care system that is one of the state’s largest employers. A handful of executives that run the hospital system put...
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Governor wants Steward Health Care to leave Massachusetts
It’s unclear what the next steps are for the troubled Steward Health Care.
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Governor Healey wants Steward Health Care to leave Massachusetts
The office of Gov. Maura Healey said Friday that the embattled Steward Health Care system has to get out of Massachusetts. “The financial information that Steward provided this week continues to be incomplete and insufficient. What Steward must do from this point forward is clear – complete an orderly transition out of Massachusetts”, said the governor’s office in a statement…
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Governor Healey wants Steward Health Care to leave Massachusetts
Elected officials have been pressuring Steward, the owner of nine health care facilities across the state, including Carney Hospital in Dorchester, to turn over its financial records.
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Healey's office says Steward Health Care ‘must' leave Massachusetts
The office of Gov. Maura Healey said Friday that the embattled Steward Health Care system has to get out of Massachusetts. The announcement came after the state’s deadline for Steward to turn its financial records to the state. “The financial information that Steward provided this week continues to be incomplete and insufficient,” Healey spokesperson Karissa Hand said in a...