June 7, 2024- A federal bankruptcy court judge approved the June 24 bid deadline for Steward Healthcare’s buyer. Steward Health Care plans to use to sell or auction its 31 nationwide hospitals and physicians network in the coming weeks, including eight in Massachusetts, according to WCVB 5. The timeline that the judge approved sets a deadline for bids on Steward’s Massachusetts hospitals (and hospitals in other states aside from Florida) of June 24 and schedules sale hearings to be held before the judge on July 11. Steward is proposing to sell its physician services network, Stewardship Health, along the same timeline.
Steward Healthcare filed for Chapter 11 bankruptcy in May of this year.