WSAR NEWS

What to know about Steward Health Care amid bankruptcy, financial crisis

Steward Health Care, the operator of eight Massachusetts hospitals, filed for Chapter 11 bankruptcy protection early Monday morning, according to a statement posted on the company’s website.

 

The Dallas-based company has been at the center of a year-long financial crisis that began when they were forced to shut down Quincy Medical Center in 2014 after financial difficulties amid complaints of filthy conditions and neglected patients.

 

Since then, flooding and fires at their hospitals, combined with lawsuits and business dealings gone wrong have plagued Steward.

 

Here’s everything you need to know about Steward Health Care and where things went wrong for one of the largest private hospital operators in the country.

 

Read more at heraldnews.com.

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