Becker's Healthcare July 24, 2024
All of Dallas-based Steward Health Care’s Massachusetts hospitals have received some form of a bid, a spokesperson for Massachusetts Gov. Maura Healey confirmed with Becker’s.
“We know that Steward received bids and we are awaiting further updates,” the spokesperson said in a July 24 statement shared with Becker’s.
Each qualified bid must have a good faith cash deposit of 10% of the proposed purchase price to be deposited for an immediate transfer of funds for the debtor, according to June 6 Steward bankruptcy filings, obtained by Becker’s.
Steward filed for Chapter 11 bankruptcy May 6. Since then, the for-profit health system has been working to offload its 31 hospitals and physician group, Stewardship Health.
The health system recently...
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