Steward Health Care Files for Bankruptcy, Assures No Interruptions in Day-to-Day Operations

Steward Health Care, a company that operates 8 hospitals in Massachusetts, has filed for bankruptcy. Despite this filing, the company has assured that there will be no interruptions in day-to-day operations and that all hospitals, medical centers, and physician’s offices will remain open to serve patients. Dr. Ralph de la Torre, the Chief Executive Officer of Steward, stated that the decision to file for Chapter 11 restructuring was made in the best interest of patients, physicians, employees, and communities.

Steward Health Care has been facing financial struggles for some time now. This development has raised concerns among state leaders who have been closely monitoring the company’s performance. Despite these challenges, Steward Health Care has continued to make efforts to navigate a challenging healthcare environment. However, ultimately, they had no choice but to file for bankruptcy.

This is a developing story and updates will be provided by 7NEWS on-air and online as more information becomes available. Stay tuned for the latest news regarding this important matter.