Becker's Healthcare September 6, 2024
Massachusetts Gov. Maura Healey has committed $417 million over a span of three years to ensure the operation of six Dallas-based Steward Health Care hospitals under new ownership.
The funding includes $332 million in supplemental payments and $85 million in advances for expected claims in the future, a spokesperson for the governor shared with Becker’s on Sept. 6.
U.S. Bankruptcy Court Judge Christopher Lopez approved the sale of the six facilities to three different health systems on Sept. 4.
Under the sale, Boston Medical Center will purchase Brockton, Mass.-based Good Samaritan Hospital and St. Elizabeth’s Medical Center in Boston for $140 million, Providence, R.I.-based Lifespan will acquire Taunton, Mass.-based Morton Hospital and Fall River, Mass.-based St. Anne’s Hospital for...
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