Distressed Hospitals | Healthcare Brew

Hospital cross symbol with money coming out of it.

Hospitals & Facilities

Hospitals are seeing more uninsured patients after ACA subsidy expirations

Millions have dropped insurance after the government reduced subsidies.

Caroline Catherman

The empty chair of Steward Health Care System Chief Executive Officer, Dr. Ralph de la Torre who did not show up during the U.S. Senate Committee on Health, Education, Labor, & Pensions.

Hospitals & Facilities

How the fall of Steward Health Care shaped private equity’s presence in hospitals

After Steward’s collapse, lawmakers questioned the safety of private equity in healthcare.

Public hospital building in forest valley

Hospitals & Facilities

700+ rural hospitals at risk of closing

Financial challenges, like low reimbursement rates, are putting pressure on small hospitals.

Piggy bank wrapped in bandages

Hospitals & Facilities

Healthcare bankruptcies are down, but financial challenges remain

After a spike in Q3 2023, bankruptcy filings have dropped over the last three quarters.

Norwood Hospital sign saying the emergency department is closed behind a fence

Hospitals & Facilities

Senate committee subpoenas Steward CEO in bankruptcy investigation

Senators allege that CEO Ralph de la Torre’s “greed” led to the for-profit chain’s May bankruptcy.

Caroline Catherman

Outside view of a Steward hospital

Hospitals & Facilities

Steward is under federal investigation over alleged fraud

Steward Health Care is facing allegations of fraud following accrued debts and a bankruptcy filing.

A stethoscope sits on top of a piggy bank next to a calculator

Hospitals & Facilities

National hospital operator, Steward Health Care, files for bankruptcy

We’re shocked!