U.S. hospital network Steward files for bankruptcy, aims for new loan

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NEW YORK - Steward Health, which operates 30 hospitals in nine U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust.

"Steward was forced to seek alternative methods of bridging its operations," Steward CEO Ralph de la Torre said on Monday.

 

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