This Week Health
SOAR 2024 Bluebird Leaders This Week HealthAlex's Lemonade Stand This Week Health
SUBSCRIBE NOW to receive top 7 stories daily to your inbox
<--  All Stories

Optum drops out of Steward deal

July 1, 2024
Healthcare Finance News
Summary
Optum has decided not to proceed with its acquisition of Steward Health Care's physician group, as confirmed by the Massachusetts Health Policy Commission. Despite this, the parties have not yet withdrawn their material change notice filings with the Commission. The acquisition was initially part of Steward's bankruptcy restructuring efforts amid significant financial difficulties. The Department of Justice has objected to the proposed sale due to insufficient time for review. Steward Health Care continues to pursue other potential buyers for its physician group amidst ongoing financial instability.
Transform Healthcare - One Connection at a Time

© Copyright 2024 Health Lyrics All rights reserved