Hearing to be held on sale of Steward Health Care hospitals in Massachusetts [Video]

A hearing will be held on Wednesday in bankruptcy court in Texas to decide if Steward Health Care has found the best possible way to wind down its operations in Massachusetts. Steward announced last week that it was finalizing the sale of four hospitals.Rhode Island-based Lifespan will purchase Morton Hospital and Saint Anne’s Hospital, and Lawrence General Hospital will purchase Holy Family Hospital-Methuen and Holy Family Hospital-Haverhill. The parties are finalizing an agreement to sell Steward’s Good Samaritan Medical Center and St. Elizabeth’s Medical Center operations to Boston Medical Center. The state plans to take St. Elizabeth’s by eminent domain, but Steward’s landlord is pushing back against the Healey administration. The state offered Apollo Global Management $4.5 million for the land in Brighton. However, Apollo said the land is worth a lot more and will go to court to prove it, which could create even more delays and legal battles. …