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The Private-Equity Deal That Flattened a Hospital Chain and Its Landlord
The Wall Street Journal· 4 hours agoIn the spring of 2020, Cerberus Capital Management was faced with a tricky financial situation. It...
Steward Health Goes Bankrupt After Mounting Financial Trouble
Bloomberg via Yahoo Finance· 21 hours ago(Bloomberg) -- Steward Health Care System LLC filed for bankruptcy early Monday after a period of...
UPDATE 2-US hospital network Steward files for bankruptcy, aims for new loan
Reuters via Yahoo Finance· 22 hours agoThe company, which recently closed a hospital in Massachusetts, has been sharply criticized by officials in that state over what they call risky financial decisions made by its current
Will Steward’s Massachusetts hospitals stay open? - The Boston Globe
The Boston Globe· 16 hours agoThe fate of Steward’s eight Massachusetts hospitals has been the subject of debate for months. After...
Owner of five hospitals in South Florida files for bankruptcy. Will it affect you?
Miami Herald via Yahoo Finance· 20 hours agoCerberus, the private equity firm, rebranded Caritas Christi Health to Steward Health Care System...
States strengthen defense against private equity healthcare deals
Modern Healthcare· 5 days agoStates are targeting private equity-backed acquisitions amid the financial fallout from Steward Health Care and Prospect Medical Holdings, threatening to ...
Steward Healthcare owes money to thousands of creditors, files for bankruptcy
WFXT via Yahoo Finance· 3 hours agoFor now, Steward hospitals are operating normally. Patients should see no difference from before in...
What Steward Health Care’s bankruptcy means for patient care
Modern Healthcare· 16 hours agoMassachusetts policymakers hope Steward Health Care’s Chapter 11 bankruptcy reorganization will expedite its exit from the state. Steward Health Care filed for Chapter 11 Monday, a move some ...
Steward files for bankruptcy, leaving its eight Massachusetts hospitals in limbo - The Boston Globe
The Boston Globe· 1 day agoIt also blamed “insufficient reimbursement” from Medicare and Medicaid, the federal health...
Investors Were Burned by European Banks for Years—Until Now
The Wall Street Journal· 2 days agoRewarding shareholders, he said, is now the bank’s priority. U.S. private-equity firm Cerberus ...