Reported about 2 months ago
Steward Health Care System has received court approval to sell its managed-care business for $245 million, with plans to finalize agreements for several Massachusetts hospitals. The deal, with Kinderhook Industries, separates the company's primary-care operations from its troubled hospital systems. This comes shortly after Steward agreed to sell northern Florida hospitals for up to $439 million, as it navigates Chapter 11 bankruptcy.
Source: YAHOO