Parent company of Valley hospitals files for bankruptcy, plans to sell off hospitals

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The crash happened around 7:30 a.m. near 75th and Virginia avenues, Phoenix police said. One woman is in the hospital.

Steward Health Care, operator of facilities in the East Valley, says it plans to sell off all its hospitals after announcing it filed for bankruptcy protection.The Dallas-based company, which operates more than 30 hospitals nationwide, said it does not expect any interruptions in its hospitals’ day-to-day operations, which the company said will continue in the ordinary course throughout the Chapter 11 process.

Steward’s eight hospitals in Massachusetts include St. Elizabeth’s Hospital and Carney Hospital, both in Boston. It filed for protection in the U.S. Bankruptcy Court for the Southern District of Texas. Massachusetts Gov. Maura Healey said Monday that the state had been preparing for a possible bankruptcy filing. Despite the filing, she said, Steward hospitals will remain open and patients should keep their appointments.

 

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