A company that operates eight Florida hospitals filed for bankruptcy protection Monday, calling it a “necessary measure to allow the company to continue to provide necessary care to its patients in their communities without disruption.”
Dallas-based Steward Health Care filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, the company said in a news release. It said it does not expect day-to-day operations to be interrupted, with hospitals, doctor’s offices and other facilities open.
“Steward Health Care has done everything in its power to operate successfully in a highly challenging health care environment. Filing for Chapter 11 restructuring is in the best interests of our patients, physicians, employees and communities at this time,” Ralph de la Torre, chief executive officer of Steward, said in a prepared statement.
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Steward operates Coral Gables Hospital, Hialeah Hospital, North Shore Medical Center and Palmetto General Hospital in Miami-Dade County; Florida Medical Center in Broward County; Melbourne Regional Medical Center and Rockledge Regional Medical Center in Brevard County; and Sebastian River Medical Center in Indian River County.