"To add on an additional 20, 25 minutes, or over, of travel time is potentially the difference between life and death," said Dr. Christina Hernon, an emergency physician who focuses on the critical impact that the impending hospital closures may have on patient outcomes.
"The company had earlier cashed in by selling all its hospitals for $1.2 billion and then leasing them back from the new owners. The company described it as an 'asset-light' model designed to prioritize patient care," highlights the controversial financial practices of Steward Health Care.
"Staff are furious because they say that behind the failure of the Dallas-based company that owns the hospitals, Steward Health Care, lies a story of alleged corporate greed involving one of their own," reflecting the frustration and distrust among hospital staff.
A lawsuit filed by Aya Healthcare in Texas claims that during the COVID-19 pandemic, Steward elected to rain cash on its equity holders instead of paying bills and keeping critical hospitals operating, painting a troubling picture of mismanagement during a health crisis.
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