Wikipedia -WSS

Wikipedia

author：fashion 2025-09-29 19:14:26 - browse：26635

Steward CEO Ralph de la Torre, pictured here in 2010, has led the company since its inception. Wendy Maeda/The Boston Globe

Steward Health Care, which once trumpeted its community hospital system as a low-cost alternative to Boston’s medical goliaths before expanding nationally and falling into a deep financial crisis, filed for bankruptcy protection early Monday morning.

Under Chapter 11 of the US bankruptcy code, Steward will become a “debtor in possession,” continuing to operate its 32 hospitals in eight states while it seeks to restructure its debt under court supervision. Steward has eight hospitals in eastern Massachusetts, though its Norwood Hospital remains closed following a flood.

“Steward does not expect any interruptions in its day-to-day operations, which will continue in the ordinary course throughout the [bankruptcy] process,” it said in a news release posted at 3:27 a.m. “Steward’s hospitals, medical centers and physician’s offices are open and continuing to serve patients and the broader community and our commitment to our employees will not change.”

STAT+ Exclusive Story

Already have an account? Log in

This article is exclusive to STAT+ subscribers

Unlock this article — plus in-depth analysis, newsletters, premium events, and networking platform access.

Already have an account? Log in

Monthly

$39

Totals $468 per year

$39/month Get Started

Totals $468 per year

Starter

$30

for 3 months, then $39/month

$30 for 3 months Get Started

Then $39/month

Annual

$399

Save 15%

$399/year Get Started

Save 15%

11+ Users

Custom

Savings start at 25%!

Request A Quote Request A Quote

Savings start at 25%!

2-10 Users

$300

Annually per user

$300/year Get Started

$300 Annually per user

View All Plans

Get unlimited access to award-winning journalism and exclusive events.

Subscribe Log In

Previous article： Cancer drug shortages should be causing more outrage
Next article： Pregnancy discrimination could be enabled by AI

hotspot

WSS

Leukemia patients are helped by Syndax's new type of therapy

Novo Nordisk touts Wegovy study, but still struggling with supply

Sweeping indictment could be Trump's biggest legal challenge yet: ANALYSIS

Patients, digital health players weigh in on FTC's data privacy plan

SCOTUS to consider access to abortion pill mifepristone

Roche to buy Carmot Therapeutics, developer of obesity drugs

hotspot

Wikipedia

This article is exclusive to STAT+ subscribers

Unlock this article — plus in-depth analysis, newsletters, premium events, and networking platform access.

explore

In Memoriam: Notable people who died in 2023

FDA needs staff influx to meet gene therapy needs, Marks says

Peter Hotez and the public health issue of online harassment

What causes an itch? Researchers may have solved the mystery

Malaria cases in Florida and Texas: Here’s what you need to know

Timeline: How the deadly wildfires took over Maui day by day

Moonlake's readout produced a cash windfall. Risks remain

Mark Cuban is blaming the wrong people for high drug costs

Cancer drug shortages should be causing more outrage

STAT letters to the editor on burnt

explore

Spinal cord stimulation reduces pain in amputees, study finds

Megan Rapinoe shares emotional post following US Women's World Cup exit

Mark Cuban is blaming the wrong people for high drug costs

Idaho college killings prosecutors challenge defense's grand jury claims

Sanofi says it has 12 blockbusters on the way. Will investors believe it?

Schizophrenia gene found to be linked to cells' energy dysfunction

hotspot

focus

hotspot

hotspot