Steward Health Care Hospitals Set for Sale

Steward Health Care is on the brink of finalizing the sale of six hospitals in Massachusetts as it navigates bankruptcy proceedings. The state's governor, Maura Healey, has committed over $400 million to support the transition to new operators, which include Lifespan and Boston Medical Center. Steward's CEO, Ralph de la Torre, has announced his resignation amid criticism of his management and a Senate vote holding him in contempt for failing to testify regarding the company's financial troubles. Two hospitals have already closed, and the state is working to ensure continued healthcare access in Boston. The finalization of these sales is expected to alleviate some of the legal complexities surrounding the bankruptcy. However, concerns remain about the impact of the company's mismanagement on local healthcare services.