CarePoint Health is being called out by the New Jersey Department of Health. Financial problems within the three hospitals that make up the system have the state demanding a disaster plan be delivered.
Many in the healthcare industry were unwilling to speak on the record about de la Torre, but in a dozen interviews, some blamed the company's flagging finances on greed — and some are taking particular aim at de la Torre.
The threat of closing hospitals has caused a public health scare in Massachusetts over the last two weeks, and it has put the financials and operating practices of Steward Health Care under a microscope.
Communities in the region are bracing for the closures of hospitals in Eau Claire and Chippewa Falls operated by the Hospital Sisters Health System's Sacred Heart (HSHS), and Prevea Health's 19 facilities across the Chippewa Valley.
The primary care provider said it has received a commitment for $150 million in new debtor-in-possession financing from some of its existing lenders, which is expected to provide sufficient liquidity to support its ongoing operations.
Steward Health Care says it has secured a deal to help stabilize operations and keep its Massachusetts hospitals open for now, while it pursues efforts to find a new financial backer.