Current:Home > StocksMassachusetts governor says deals have been reached to keep some threatened hospitals open -Wealth Legacy Solutions
Massachusetts governor says deals have been reached to keep some threatened hospitals open
Poinbank Exchange View
Date:2025-03-11 08:13:49
BOSTON (AP) — Massachusetts Gov. Maura Healey announced Friday that deals have been reached in principle to transition operations at four hospitals operated by Steward Health Care to new operators.
The Healey administration will take control of a fifth hospital through eminent domain to help transition it to a new owner. The Dallas-based company announced its bankruptcy May 6.
Two other Steward-operated hospitals are still set to close by the end of the month.
New operators have been found for Saint Anne’s Hospital in Fall River, Good Samaritan Medical Center in Brockton, the Holy Family Hospitals in Methuen and Haverhill, and Morton Hospital in Taunton, Healey said.
The state will take over control of Saint Elizabeth’s Hospital in Boston to help keep the hospital open until the transition to a new owner is complete, Healey said.
“Today, we are taking steps to save and keep operating the five remaining Steward Hospitals, protecting access to care in those communities and preserving the jobs of the hard-working women and men who work at those hospitals,” Healey said in a statement.
“Our administration is going to seize control of Saint Elizabeth’s through eminent domain so that we can facilitate a transition to a new owner and keep this hospital open,” she added.
If the deals are finalized, Lawrence General Hospital will become the new operator for both campuses of Holy Family in Haverhill and Methuen. Lifespan would assume operations of Morton and Saint Anne’s, and Boston Medical Center would take over Good Samaritan, as well as Saint Elizabeth’s after the taking process is complete, Healey said.
The actions do not impact the planned closings of Carney Hospital in Boston and Nashoba Valley Medical Center in Ayer.
Steward announced its bankruptcy May 6 and two days later said it planned to sell off the 30 hospitals it operates nationwide
A bankruptcy judge last month allowed Steward’s decision to close two Massachusetts hospitals. Steward announced July 26 its plan to close the hospitals — Carney Hospital and Nashoba Valley — on or around Aug. 31 because it had received no qualified bids for either facility.
Massachusetts has also agreed to provide about $30 million to help support the operations of the hospitals that are being turned over to new owners. The payments are advances on Medicaid funds that the state owes Steward.
veryGood! (6478)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- 2025 VW Golf R first look: The world's fastest Volkswagen?
- Jürgen Klopp for USMNT? Alexi Lalas, Tim Howard urge US Soccer to approach ex-Liverpool boss
- Early Amazon Prime Day Deals 2024: Shop the Best Travel Deals for Easy Breezy Trips
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Vanessa Hudgens Gives Birth, Welcomes First Baby With Husband Cole Tucker
- Prince William Joins King Charles III and Queen Camilla for Royal Duties in Scotland
- Dress appropriately and you can get a free Krispy Kreme doughnut on July 4th: Here's how
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- What is the Nathan's hot dog eating contest record? List of champions, records
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Avian flu confirmed in a Colorado farmworker, marking fourth human case in U.S. since March
- About the security and return rate of LANDUN FINANCIAL RESEARCH INSTITUTE LTD platform
- Is there life on another planet? Gliese 12b shows some promise. | The Excerpt
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Joey Chestnut, the 16-time Nathan's champ, aims to pull off a remarkable feat from afar
- Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
- New Zealand tourist killed in robbery attempt at Southern California mall
Recommendation
Tom Holland's New Venture Revealed
Vanessa Hudgens Gives Birth, Welcomes First Baby With Husband Cole Tucker
Hurricane Beryl roars toward Mexico after killing at least 7 people in the southeast Caribbean
California man convicted of murder in 2018 stabbing death of gay University of Pennsylvania student
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Copa América quarterfinal power rankings: How far is Brazil behind Argentina and Uruguay?
Joey Chestnut, the 16-time Nathan's champ, aims to pull off a remarkable feat from afar
Alec Baldwin's Rust denied New Mexico tax incentives ahead of actor's involuntary manslaughter trial