Steward Health Care delayed the sale proceedings for its four Arizona hospitals, marking the second time in a week the health system has pushed back the timeline for court-supervised hospital divestitures. The system, which filed for Chapter 11 bankruptcy protection in May, said in a Saturday court filing it postponed the auction of its Arizona facilities from July 18 to Aug. 2. Last Tuesday, the system indefinitely delayed sale proceedings for its five hospitals in Arkansas, Louisiana, Ohio and Pennsylvania.
Read the full article: Steward Health Care Delays More Hospital Sales //
Source: https://www.modernhealthcare.com/mergers-acquisitions/steward-health-care-bankruptcy-arizona-hospital-sale-delay