Steward Health Care formed over a decade ago when a private equity firm and a CEO looking to disrupt a regional healthcare environment teamed up to save six Boston-based hospitals from the brink of financial collapse. Since that time, Steward has expanded from a handful of facilities to become the largest physician-led for-profit healthcare network in the country, operating 33 community hospitals in eight states, according to its own corporate site. However, Steward has also found itself once again on the precipice of failure.
Read the full article: What’s Going on at Steward Health Care? //
Source: https://www.healthcaredive.com/news/steward-health-care-distress/706940