Why the bankrupt chain’s numbers don’t add up
Private Equity
Posted inHealth and Social Policy
A Hospital Heist Seeks Protection in the Ponzi-Friendliest Court in America
Steward Health just filed for bankruptcy in Houston’s scandal-plagued, private equity–pilled bankruptcy court.
Posted inMoney, Politics, and Power
Bipartisan Effort Under Way to Hobble Biden’s Antitrust Policies
Reps. Thomas Massie (R-KY) and Lou Correa (D-CA) are teaming up to undercut one of the most obscure yet critical moves against corporate power.
Posted inEducation in America
Attempt to Offload Shady For-Profit College Runs Into Trouble
The University of Idaho wants to buy the University of Phoenix for $685 million. Some Idaho lawmakers are starting to sour on the deal.
Posted inHealth and Social Policy
Scenes From the Bat Cave
How Steward Health left a Space Coast community hospital in a literal world of shit
Posted inHealth and Social Policy
Company Behind Joe Namath Medicare Advantage Ads Has Long Rap Sheet of Misconduct
The firm formerly known as Benefytt pocketed millions selling sham insurance to seniors and other consumers.
Posted inHealth and Social Policy
Dealing With the Bad Stewards
Bailing out a critical Massachusetts hospital chain should come with some consequences for the financial operators who put them in that position.
Posted inHealth and Social Policy
Attack of the Straw Doctors
Amazon and the Adderall pill-mill lobby blitz Oregon to kill a (tame) ‘corporate practice of medicine’ ban.
Posted inHealth and Social Policy
Reversing Private Equity’s Looting of Hospitals
The right remedy is to claw back the billion-dollar payday Cerberus Capital and other insiders took out of Steward Health Care and give the money back to the hospitals.
Posted inHealth and Social Policy
Massachusetts Wakes Up to a Hospital Nightmare
Erstwhile Boston media darling Steward Health Care has been strip-mining hospitals for a decade now. The power elite may finally be paying attention.