Steward Health Care confirmed it wants to sell its Massachusetts hospitals amid financial troubles and scrutiny from state and federal lawmakers. Steward, a for-profit national hospital operator once owned by private equity firm Cereberus Capital Management, has received a “strong level of interest from numerous qualified health systems” regarding its nine Massachusetts hospitals, a spokesperson said in a statement. “Steward Health Care is working with state officials and others to transition ownership of the Massachusetts hospitals in a way that everyone agrees is best for patients, our employees, and the Commonwealth.”
Read the full article: Steward Receives ‘Strong Interest’ for Massachusetts Hospitals //
Source: https://www.modernhealthcare.com/mergers-acquisitions/steward-health-care-massachusetts-hospital-sale