Healthcare DIVE August 19, 2024
Rebecca Pifer

Gov. Maura Healey’s office has brokered agreements for Steward to sell five hospitals to other operators, ensuring they’ll remain open as the health system’s bankruptcy proceedings drag on.

Dive Brief:

  • The state of Massachusetts has brokered an agreement to keep five hospitals owned by Steward Health Care open while the struggling health system undergoes bankruptcy, the governor’s office announced Friday.
  • The operations of Saint Anne’s Hospital, Good Samaritan Medical Center, Morton Hospital and Holy Family Hospitals will be taken over by third parties when deals are made final. Meanwhile, Gov. Maura Healey’s administration will use eminent domain to wrest control of Saint Elizabeth’s from Steward and transfer the facility to a new owner, according to the announcement.
  • The divestitures,...

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