Steward Health Care Faces Financial Struggles Across Its National Network
The health care system, operating in nine states, grapples with financial difficulties, leading to hospital closures and concerns over patient care.
- Steward Health Care's financial woes have put services for thousands of patients at risk, with several hospitals already closed in Texas, Ohio, and Arizona.
- The company has secured financing to keep its Massachusetts hospitals open for now, but long-term viability remains uncertain.
- Poor communication, legal entanglements, and supply shortages have been reported at Steward's hospitals across the country.
- Steward plans to close its rehabilitation hospital in Stoughton, Massachusetts, in April, raising fears of more closures to come.
- The health system's financial troubles are affecting day-to-day operations, with some hospitals running out of critical supplies.