Steward Health Care’s Struggling Finances Raise Concerns Over Community Hospital Funding

Methuen, MA – As Steward Health Care faces dire financial challenges, it sheds light on the unequal landscape of medical insurance reimbursement in the state. The for-profit healthcare system, which runs Holy Family Hospital, has been vocal about the inadequate funding that puts community hospitals at risk. Steward has warned about the broken hospital marketplace and the need for bold actions to address the issues. The hospital system’s financial struggles include reports of being $50 …

Read more

Health Policy Commission Faces Complex Evaluation of Steward Health Care’s Sale to Optum

Boston, Massachusetts – Members of the Massachusetts Policy Commission board are facing a daunting task as they delve into evaluating the proposed sale of Steward Health Care’s physician network to UnitedHealth Group’s Optum. The potential sale has raised concerns about the impact on patients and the viability of small community hospitals, prompting Commissioner Barbara Blakeney to describe the situation as “mind-bogglingly complex and potentially harmful.” Stewardship Health, the physician network in question, is set to …

Read more