Steward executives, while running the state's third-largest hospital system, repeatedly resisted allowing regulators to take a look at their financials.
Rep. Lori Trahan brought the Steward Health Care System crisis before a Congressional committee, calling for more transparency into the 'disastrous' role of private equity in the financial instability threatening hospitals.
The stepped-up demand for medical care that's left health insurers nervous is bringing good vibes to the hospital industry, whose outlook was buoyed Tuesday by HCA Healthcare's better-than-expected fourth quarter earnings.
As community members continue to grapple with the closure of HSHS Sacred Heart Hospital and St. Joseph’s Hospital, many are wondering how this could happen. Declining reimbursements are among the impacts on a hospital’s bottom line.