Steward Health Care System LLC has lined up $225 million in emergency financing, a lifeline the bankrupt hospital operator ...
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 ...
Steward Health Care says it secured $225 million in funding to stay open through its bankruptcy.Why it matters: The ...
Judges can appoint trustees for “fraud, dishonesty, incompetence or gross mismanagement." Warren says those conditions seem ...
The latest financing, provided by a consortium of Steward’s secured FILO lenders, is critical for the company’s continuity.
A federal judge Monday ordered Steward Health Care to sell its Massachusetts hospitals at auction by the end of the month, ...
Steward Health Care expects it will have “only approximately $20 million in cash on hand” by the end of the week, an executive said in<a class="excerpt-read-more" href=" More ...
BROOKLINE — State public health officials are continuing to brace themselves for the outcomes of Steward Health Care’s ...
A sale-leaseback that doomed many other businesses preceded the bankruptcy of the local health system.
The company filed for bankruptcy protection in Texas in May and plans to sell off all of its hospitals. Bids for most of the hospitals would be due in three weeks, by Monday, June 24. After that, ...
With Steward Health Care plunged into bankruptcy, one Massachusetts lawmaker says she has a plan to make sure it doesn’t ...