May 30, 2024
Finance

US hospital network Steward Files for bankruptcy, aims for new loan

In the labyrinthine world of American healthcare, where profit margins often clash with patient care, the recent Chapter 11 bankruptcy filing by Steward Health Care reverberates as a cautionary tale. With 31 hospitals spanning eight states under its purview, Steward’s financial turmoil serves as a microcosm of broader systemic issues plaguing the nation’s healthcare landscape. […]

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