![]() ![]() Kindred attributed the delay to an issue with the electronic filing system. That was after the Globe sent inquiries to both companies earlier in the week. Five Hospitals, Physician Group of Utah and Joint Ventures Will Become Part of Multi-State, Not-For-Profit Health System (CENTENNIAL, COLO. But the agency said it received the documents Friday afternoon. Escalating its competition with other Boston-area hospital chains, for-profit company Steward Health Care System has. and Tenet Healthcare Corp., also missed this year’s April deadline for submitting 2015 financial statements to CHIA. By Liz Kowalczyk and Robert Weisman Globe Staff, December 8, 2011, 12:00 a.m. ![]() Two other for-profit companies, Kindred Healthcare Inc. Advertisement If hospitals are not successful in having the errors corrected this year, Medicare sets the wage adjustment annually and. In the Bottom 5 of 270 Nearby Companies in Boston. Steward Health Care System would see a 10 million reduction. The Massachusetts Supreme Judicial Court on Tuesday ruled that Steward Health Care owes 10.2 million to a scientist who sued the company for actions that led to the destruction of her research lab. Steward closed Quincy Medical Center at the end of 2014, citing a shortage of patients and financial losses there. As health care competition heats up in Massachusetts, upstart Boston hospital chain Steward Health Care System has lured away 150 doctors affiliated with the Beth Israel Deaconess Medical Center. Steward Health Care Systems CEO, Ralph de la Torre, has a CEO approval rating. ![]() Healey’s report credited the company for maintaining important medical services, especially for elderly and low-income patients, but raised concerns about Steward’s financial stability. The company lost $75 million on operations in 2014, up from $55 million in 2013, and $22 million in 2012. A December report from Healey’s office showed that Steward’s losses have been mounting. Steward has not submitted detailed financial statements for the past two years to CHIA, but it has shared some information with Attorney General Maura Healey’s office. It eventually turned in those statements, almost a year late, and after redacting portions that the company said were proprietary. Nearly all hospitals in Massachusetts will require their employees to be vaccinated against COVID-19 as the virus resurges and thousands of health care workers in the state remain unvaccinated. Steward, a for-profit health care system, gained state approval to close the 196-bed property in 2014, citing financial losses amid competition from hospitals in Boston and along the South Shore. In 2014, Steward missed the deadline for submitting financial statements for 2013. ![]()
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