Steward Health Care System LLC

4:24-bk-90213

May 13, 2024
Steward Health's Multifaceted Ride Into Bankruptcy

By the time major U.S. hospital operator Steward Health Care fell into Chapter 11 on May 6, there were plenty of different places for critics to lay the blame: at the feet of its former private equity owners, its lender and landlord, its CEO, a stalled business deal, or the economy itself.
May 07, 2024
Meet The Weil Attys Guiding Steward Health's Ch. 11

A team of attorneys from Weil Gotshal & Manges LLP is representing Steward Health Care System LLC as the embattled hospital operator navigates Chapter 11 in a Texas bankruptcy court with more than $1 billion in debt.
May 07, 2024
Steward Health Gets Ch. 11 Loan, Says It Plans Hospital Sales

A Texas bankruptcy judge Tuesday allowed Steward Health Care to take out $75 million in Chapter 11 financing to meet its next-day payroll after being told the hospital chain plans to sell facilities to pay down its $9 billion in debt.
May 06, 2024
Hospital Chain Steward Health Hits Ch. 11 With Over $1B Debt

Embattled hospital operator Steward Health Care filed for Chapter 11 protection Monday in a Texas bankruptcy court with more than $1 billion in debt, blaming rising costs and falling government reimbursement rates.