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Healey blasts Steward leadership as healthcare company files for bankruptcy Boston 25 News [Video]

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BOSTON — Gov. Maura Healey blasted leadership at Steward Health Care on Monday, hours after the financially-troubled operator of eight Massachusetts hospitals announced that it has filed for bankruptcy.

Dallas-based Steward Health Care says it’s finalizing the terms of debtor-in-possession financing from Medical Properties Trust for an initial funding of $75 million and up to an additional $225 million upon satisfying certain conditions acceptable to Medical Properties Trust.

Healey on Monday morning said the bankruptcy filing is something that state officials have been anticipating, and a situation for which they have been preparing.

“This situation stems from and is rooted in greed, mismanagement and lack of transparency on the part of Steward leadership in Dallas,” Healey said during a press conference Monday morning, adding that, “It’s a situation that should have never happened.”

Steward employs 16,000 people in Massachusetts and serves 200,000 patients annually in the Bay State, Healey said.

Gov. Maura Healey (Boston 25)

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