Steward Health Care Faces Financial Crisis, Plans to Sell Hospitals
Massachusetts officials, including Gov. Maura Healey, have stated that there will be no bailout for Steward Health Care, a for-profit hospital network facing severe financial distress. Concerns about potential hospital closures and patient care disruptions have prompted discussions among healthcare leaders and public officials, with options including the possibility of other health systems taking over certain Steward facilities or declaring a public health emergency to gain more control over the situation.