Steward Health Care, operator of 8 Mass. hospitals, files for bankruptcy

WCVB— The company's statement emphasized that hospitals, medical centers and physician's offices will remain open during the bankruptcy process.

MassLive.com—Embattled hospital operator Steward Health Care files for bankruptcy. The company had faced increasing financial peril in recent months, prompting heightened scrutiny from state and federal officials in Massachusetts.

The Boston Globe—Steward bankruptcy filing leaves its 8 Mass. hospitals in limbo. Steward trumpeted its model as a low-cost alternative to Boston’s medical goliaths before expanding nationally and falling into a deep financial crisis.

WSJ—Steward Health, Nation’s Largest Physician-Owned Hospital Operator, Files for Bankruptcy. The hospital operator is planning to seek chapter 11 protection because of rising costs, insufficient revenue and a cash crunch.