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Stock impact report

Steward Health Care files for Chapter 11 bankruptcy [CBS News]

Medical Properties Trust, Inc. common stock (MPW) 
Last medical properties trust, inc. common stock earnings: 4/29 06:30 pm Check Earnings Report
US:NYSE Investor Relations: medicalpropertiestrust.com
Company Research Source: CBS News
hospitals, including facilities in Massachusetts, Texas and Florida, announced Monday that it is filing for bankruptcy. Steward, which is , said it has "commenced an in-court restructuring process through the filing of voluntary petitions for relief" under Chapter 11 of the U.S. Bankruptcy Code. It submitted the filing in the Southern District of Texas. The Dallas-based company currently owns 30 hospitals across eight states, including nine in Massachusetts, where its smoldering financial crisis Steward has been one focus of a year-and-a-half-long CBS News investigation revealing how private equity investors from community hospitals with . Records reviewed by CBS News showed Steward hospitals around the country with a trail of unpaid bills, at times risking a shortage of potentially lifesaving supplies. Last year, CBS News found Steward redirected money away from hospital operations by before closing the facility altogether. The company's bankruptcy filing lists 30 creditors Show less Read more
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