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Administrator postpones sale again as landlords announce they will take action against the state over expropriation claim


Administrator postpones sale again as landlords announce they will take action against the state over expropriation claim

On Wednesday, Steward Health Care postponed a hearing on the sale of its Massachusetts hospitals for the sixth time. The same day, the company’s landlords said they would fight the Bay State’s attempt to expropriate the land on which St. Elizabeth’s Medical Center in Brighton is located. Medical Properties Trust and Apollo Global Management, acting […]

Steward postpones hearing on sale of Massachusetts hospital for fourth time


Steward postpones hearing on sale of Massachusetts hospital for fourth time

A scheduled hearing on the sale of several Steward Health Care properties in Massachusetts, which was supposed to address the fate of those properties, has been postponed again, according to court documents. Steward, which has been going through Chapter 11 bankruptcy proceedings since May, said in a filing overnight that the hearing originally scheduled for […]

Big week for Steward: Hearings looming and rumors of closure circulating


Big week for Steward: Hearings looming and rumors of closure circulating

This week, the public may finally learn who made a bid for Steward Health Care’s Bay State hospitals and whether other hospitals are on the line. A hearing on the sale of the now-bankrupt healthcare company’s assets is scheduled for Tuesday in Massachusetts. Texas-based federal bankruptcy judge Christopher Lopez will consider Steward’s plans to exit […]