Analysis

Steward Health's Multifaceted Ride Into Bankruptcy

By Hilary Russ · May 13, 2024, 4:27 PM EDT

By the time major U.S. hospital operator Steward Health Care fell into Chapter 11 on May 6, there were plenty of different places for critics to lay the blame: at the...

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Bankruptcy Scorecard

Summary

The operator of 31 hospitals in eight states filed for bankruptcy with over $9 billion in debt as it faces scrutiny and litigation over its management.

Case Number

24-bk-90213

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$9.2 billion

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Case Information

Case Title

Steward Health Care System LLC

Case Number

4:24-bk-90213

Court

Texas Southern

Nature of Suit

Date Filed

May 06, 2024