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First of Steward Health Care's five other Massachusetts hospitals to be sold by December 31, 2024?
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Steward Health Care•Carney Hospital•Dorchester•Nashoba Valley Medical Center•Ayer•Massachusetts•Dallas•Healey
Resolution / Starting Odds
Hospital A • 20%
Hospital B • 20%
Hospital C • 20%
Hospital D • 20%
Hospital E • 20%
Official announcement from Steward Health Care or Massachusetts state health department
Story
Steward Health Care to Close Two Massachusetts Hospitals Next Month Amid Bankruptcy
Jul 26, 2024, 03:54 PM
Steward Health Care, a bankrupt for-profit health care company, announced on Friday that it will close Carney Hospital in Dorchester and Nashoba Valley Medical Center in Ayer, Massachusetts next month. The Dallas-based company has been struggling financially and declared bankruptcy earlier this year. Despite efforts to find buyers for these facilities, no successful bids were received. The closures are part of a broader crisis affecting the company's operations in Massachusetts. Governor Healey's office confirmed that bids were submitted to purchase five other hospitals owned by Steward Health Care.
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Similar markets
Yes • 50%
No • 50%
Beth Israel Lahey Health • 25%
Mass General Brigham • 25%
Boston Medical Center • 25%
Other • 25%
Reorganization • 25%
Sale of assets • 25%
Liquidation • 25%
Other • 25%
Beth Israel Lahey Health • 25%
Mass General Brigham • 25%
Boston Medical Center • 25%
Other • 25%
Sale of remaining hospitals • 25%
Debt restructuring • 25%
Merger with another company • 25%
Liquidation of assets • 25%
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No • 50%
None • 33%
1-2 executives • 33%
3 or more executives • 34%
Internal promotion • 25%
External hire • 25%
Interim CEO appointed • 25%
No new CEO appointed • 25%
Reorganization approved • 25%
Liquidation • 25%
Sale to another entity • 25%
Other outcome • 25%
Cease operations against Viceroy • 33%
Continue operations against Viceroy • 33%
Increase operations against Viceroy • 34%
Yes • 50%
No • 50%