BOSTON (AP) — Massachusetts has agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care is trying to turn over to new owners after declaring bankruptcy earlier this year, according to court filings.
The latest update comes as Steward announced Friday that it was closing two hospitals — Carney Hospital and Nashoba Valley Medical Center — because it received no qualified bids for either facility.
In a court filing late Friday, Steward announced it had received a commitment from Massachusetts “to provide approximately $30 million of funding support for the hospitals’ operations as they are transitioned to new operators in the near-term.”
The Dallas-based company also said in the court filing that the company remains steadfast in their goal of doing everything within their power to keep their 31 hospitals open.
BACKGROUND: Steward Health Care announces closure of 2 Massachusetts hospitals
In May, Steward said it planned to sell off all its hospitals after announcing that it had filed for bankruptcy protection. The company’s hospitals are scattered across eight states.