Carney is closing on the heels of dramatic financial mismanagement and bankruptcy – but the trajectory of Carney’s closure is not an anomalous case. Across the country, for-profit systems are buying up struggling hospitals, otensibly in a last-ditch effort to save them, only to watch them shutter years later.
Health Care
Posted inOpinion
Overall, we think the Steward outcome is pretty good
The faster Apollo is out the door the better. Though Apollo will certainly contest the Commonwealth’s $4.5 million fair market valuation for St. Elizabeth’s, state officials seem determined that any fight over money will not interrupt plans for an immediate seizure of the Brighton land and buildings.
Posted inHealth Care
New owners lined up for Steward hospitals in Mass., Healey says
The sweeping transition and health care market restructuring plan that Healey announced Friday is expected to require significant involvement from the Legislature. The governor’s office said it has been working with lawmakers on “a fiscally responsible financing plan that includes cash advances, capital support, and maximizing federal matches” to support the transition to new operators.
Posted inHealth Care
Healey insists she cannot prevent hospital closures
GOV. MAURA HEALEY on Monday doubled down on her inability to prevent the closure of Steward Health Care’s hospitals, including those that received qualified bids but still face an uncertain future during bankruptcy proceedings. Up to five Steward hospitals could transition to new owners after a sales hearing in bankruptcy court, which was slated for […]
Posted inHealth Care
Where is state leadership on Steward, other critical health care issues?
“There needs to be a state plan that says, ‘here are our values, here’s what matters to us, and here’s what we need to try to preserve, protect, and defend,’” John McDonough said
Posted inOpinion
Cancer early detection tests work; let’s deploy them
As the incidence of cancers continues to soar, advances in cancer detection tools have become just as important as the development of new treatments.
Posted inOpinion
For-profit medicine is ruining Massachusetts health care
While much of Massachusetts’ medical care system remains resolutely non-profit, the signs of for-profit encroachment are slow, silent, and everywhere.
Posted inOpinion
My hopes for the upcoming busy week in health care
The state should focus on transforming the closed hospital sites into community centers providing some health care but also housing, education, and employment training.
Posted inHealth Care
Each Steward hospital in Mass. has a bidder, Healey says
“We’ve received qualified bids. We are evaluating those now, and it’s currently with the parties right now in New York,” Gov. Maura Healey said.
Posted inOpinion
Working toward a new model for emergency care
Last month, Boston Medical Center convened a coalition of national emergency department leaders for the second straight year to recommend solutions to strengthen existing care models and develop achievable solutions that will help patients thrive beyond emergency care.