Steward Health Care finalizes offers to promote 4 hospitals in Massachusetts to new house owners

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Steward Health Care finalizes offers to promote 4 hospitals in Massachusetts to new house owners

Steward Health Care finalized offers to promote 4 hospitals in Massachusetts to new house owners, a transfer that retains these amenities from closing after months of considerations that communities might lose entry to important factors of care.

The Dallas-based firm mentioned Thursday it had entered into “definitive agreements” to promote St. Anne’s Hospital and Morton Hospital to Windfall-based Lifespan Health System and each campuses of Holy Household Hospital to Lawrence Common Hospital.

The corporate, which has been working by way of chapter over the previous yr, mentioned it is usually “finalizing an agreement” to promote each Good Samaritan Medical Middle in Brockton and St. Elizabeth’s Medical Middle in Brighton to Boston Medical Middle.

Steward Health Care Chief Restructuring Officer John Castellano mentioned the corporate is “thrilled” to have recognized consumers for the 4 amenities as Steward continues to maneuver by way of chapter proceedings.

“In Lifespan, Lawrence General Hospital and Boston Medical Center, we have found partners with established track records of treating communities in the northeast United States. Through these transactions, the people of the Commonwealth will continue to receive critically needed care while Steward continues to focus on its ongoing Chapter 11 process,” Castellano mentioned in a press release.

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