California-based, for-profit Tenor Health Partners has reached an agreement to acquire Steward Health Care's Sharon Regional Medical Center that was scheduled to close Monday. Dallas-based Steward Health System LLC is the 31-hospital chain that declared bankruptcy in May and owns Sharon Regional. Medical Properties Trust Inc. is the Birmingham, Ala.-based investment company that owns all of the hospital's real estate. Steward's creditors have not yet endorsed the deal. If approved, Pasadena-based Tenor would be the third for-profit owner of the struggling 80-bed hospital since 2014. The deal could save some 850 jobs and critical heart care services that are not available elsewhere in rural Mercer County. Tenor's website indicates the company targets struggling hospitals for partnerships and acquisitions. As of April, Tenor did not own any hospitals.
