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Demand outpacing capacity across MA hospital sector

BOSTON A financial crisis at Steward Health Care has rendered the for-profit system as one of the biggest boogeymen in state government circles, but a pair of leaders at Steward hospitals told lawmakers Wednesday that they face many of the same challenges as their peers in nonprofit settings. Sharp increases in patient demand pushing […]

Demand outpacing capacity across hospital sector

BOSTON — A financial crisis at Steward Health Care has rendered the for-profit system as one of the biggest boogeymen in state government circles, but a pair of leaders at

Demand outpacing capacity across MA hospital sector

Demand outpacing capacity across MA hospital sector
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Steward Health Care strikes deal to sell its nationwide physician network to Optum

Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its finances. Optum would acquire a Steward affiliate that includes the company’s primary care doctors and other clinicians in nine states. The move comes as Gov. Maura Healey has said state monitors are keeping eye on the nine health care facilities operated by Steward Health Care in Massachusetts. Before the sale can be completed, the Massachusetts Health Policy Commission must review the proposal. Documents filed with the state didn't include the transaction's cost.

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