Steward Health Care, a company that operates 8 hospitals in Massachusetts, has filed for bankruptcy. Despite this filing, the company has assured that there will be no interruptions in day-to-day operations and that all hospitals, medical centers, and physician’s offices will remain open to serve patients.
The company has been facing financial struggles for some time, a concern that has raised alarm among state leaders. Steward Health Care has made efforts to navigate a challenging healthcare environment, but ultimately had to make the decision to file for bankruptcy. This is a developing story, and updates will be provided by 7NEWS on-air and online. Stay tuned for the latest information.
Steward Health Care has struggled financially for some time now. The company’s financial struggles have raised concerns among state leaders and patients alike. However, despite the difficult decision to file for Chapter 11 restructuring, Steward Health Care assures that all operations will continue as usual without any interruptions. All hospitals, medical centers and physicians’ offices will remain open to serve patients as usual. Dr. Ralph de la Torre, CEO of Steward Health Care stated that this decision was made in the best interest of patients, physicians