Becker's Healthcare October 31, 2024
Dallas-based Steward Health Care has closed the sale of its physician group, Stewardship Health, to Nashville, Tenn.-based Rural Healthcare Group, a primary care provider organization and part of Kinderhook Industries.
Here are four things to know:
1. Steward, which sought Chapter 11 protection May 6, entered into a definitive agreement in early August to sell Stewardship Health to RGH for a reported $245 million in cash. Stewardship Health comprises Steward Health Care Network and the Steward Medical Group.
3. Under the acquisition, Stewardship will be rebranded as Revere Medical. The new group plans to...