Steward Health Care to Sell Physician Network to UnitedHealth's Optum Care
TL;DR
Steward Health Care, a tenant of Medical Properties Trust, is reportedly selling its physician network to UnitedHealth's Optum Care arm in an effort to strengthen its national network of hospitals and resolve financial issues. The sale, which is expected to enable Steward to repay outstanding obligations to Medical Properties Trust, is pending regulatory approval and the price has not been disclosed. While seen as a positive step, uncertainties remain, leading to a neutral sentiment from analysts.
Topics:businesshealthcare-business#financial-issues#healthcare-business#medical-properties-trust#optum-care#steward-health-care#unitedhealth
- Medical Properties Trust's tenant Steward to sell doctor network to UnitedHealth - report Seeking Alpha
- Steward Health Care has deal to sell doctor network to UnitedHealth The Boston Globe
- In distress, Steward proposes sale of doctors group to Optum WBUR News
- Mass. Sens. Warren, Markey push back against Steward, United proposal WCVB Boston
- Steward to sell physician group to UnitedHealth's Optum Care Yahoo Finance
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