Chief Healthcare Executive September 7, 2024
Ron Southwick

A federal bankruptcy judge has signed off on the sale of six Steward Health Care hospitals in Massachusetts for $343 million. Two Steward hospitals in the state have shut down.

Massachusetts officials have been pushing to see Steward Health Care hospitals under new ownership, and it’s moving closer to reality.

This week, U.S. Bankruptcy Judge Christopher Lopez approved Steward’s sale of six Massachusetts hospitals to new owners for a total of $343 million. The judge issued an order that sets a closing date for the sale of the facilities by the end of the month.

Three health systems are planning to buy the Steward hospitals. Here are the reported deals, according to NBC10 in Boston and other media groups. All...

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