Who will buy three local hospitals run by bankrupt Steward Health Care? Bankers marketing the facilities say they have at least 20 interested buyers.
The investment bank Cain Brothers said in a bankruptcy court filing that it pitched 45 potential buyers. Twenty of those prospects were intrigued enough to sign "non disclosure agreements" which let them see closely guarded Steward financial info while they kick the tires. An unspecified number of suitors has filed "indications of interest" that go into more detail about possible deal structures, Cain said in the same filing.
Cain is marketing Good Samaritan Medical Center in Brockton, Morton Hospital in Taunton and Saint Anne's in Fall River, plus others outside Massachusetts. A different bank is trying to sell Steward's other Massachusetts hospitals.
Steward has set a goal of selling its Massachusetts hospitals by the end of June.
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