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One of the Biggest Hospital Failures in Decades Raises Concerns for Patient Care

·1 min

Hospitals in eight states are in jeopardy of running out of funds after their owner filed for bankruptcy. Steward Health Care System faced one of the largest hospital bankruptcies in recent history with its chapter 11 filing. The chain, which operates 30 hospitals, has been struggling financially for months, unable to pay bills and relying on emergency loans. This development may potentially lead to a clash between the chain’s creditors and regulators concerned about safety.