Becker's Healthcare September 4, 2024
Madeline Ashley

U.S. Bankruptcy Court Judge Chris Lopez approved the sale of six Dallas-based Steward Health Care hospitals in Massachusetts to three different health systems during a Sept. 4 court hearing.

“It’s the right answer, but it’s also the right answer under law,” Mr. Lopez said during the hearing. “There are real people in these hospitals right now. There’s no greater business justification.”

The approval includes the sale of Brockton-based Good Samaritan Hospital and St. Elizabeth’s Medical Center to Boston Medical Center for $140 million.

Providence, R.I.-based Lifespan has been approved to acquire Taunton, Mass.-based Morton Hospital and Fall River, Mass.-based St. Anne’s Hospital for $175 million and Lawrence (Mass.) General Hospital will purchase Holy Family Hospital in Methuen (Mass.) and...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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