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News

Hospital files for bankruptcy as it prepares for sale

With a $56 million debt, Quincy Medical Center filed for bankruptcy on Friday in preparation for sale, according to The Boston Globe. Steward Health Care will buy Quincy Medical Center and make $34 Read more...

More nonprofit hospitals come under for-profit's sights

The for-profit Steward Health Care System, which manages the Caritas Christi hospitals in eastern Massachusetts, is on the verge of acquiring two more non-profit facilities in the region, reports the Read more...

Steward offers $1.1B for beleaguered Jackson Health

Steward Health Care System, the Boston-based for-profit hospital operator that bought the six Caritas Christi hospitals last year for $895 million, is looking to expand its empire further. Monday, it Read more...

Steward CEO promises a 'Southwest Airlines' approach to medicine

Keep your eye on Steward Health Care System CEO, Dr. Ralph de la Torre. According to an in-depth, sometimes fawning Boston Globe profile, he is poised to become one of the most influential players in Read more...

Steward Health Care to run local Super Bowl ad

Steward Health Care System, the company Cerberus Capital Management created to run the six Caritas Christi hospitals, will join big-name Super Bowl advertisers like Budweiser and Kia with its Read more...

Steward Health Care System eyes national expansion

Steward Health Care System plans to replicate its Massachusetts community hospitals nationwide, reports the Boston Globe. Steward CEO Ralph de la Torre revealed the plan to go national at the J.P. Read more...

Caritas Christi deal with Cerberus Capital gets AG's OK

Massachusetts Attorney General Martha Coakley has approved the sale of Caritas Christi Health Care to private equity firm and turnaround specialist Cerberus Capital Management, but with strings Read more...

Two Caritas hospitals may close

New England hospital chain Caritas Christi informed negotiators with the Massachusetts Nurses Association last week that it likely will close two of its six hospitals--St. Elizabeth's Medical Center Read more...

Cerberus-Caritas deal includes Catholic escape hatch

If complying with the church's teachings should compromise the hospitals' financial viability, Caritas Christi suitor Cerberus Capital Management will be able shed the six Boston hospitals' religious Read more...

Can profitability and religious mission be integrated?

Officials have begun to quantify the fallout from the demise of St. Vincent's Hospital in Manhattan. When New York's last acute care Catholic hospital effectively closes its doors tomorrow, more than Read more...

Press Releases

Acquisition of Caritas Christi Now Complete

Tuesday, November 09, 2010 Contact: Chris Murphy Caritas Christi Health Care 617-562-5652 christopher.murphy@caritaschristi.org Boston, MA – November 8, 2010 – Caritas Christi Health Read more >>

Healthcare Data Services (HDS) Announces Contract with Caritas Christi Network Services

BOSTON, Aug. 31 /PRNewswire/ -- Healthcare Data Services (HDS) is pleased to announce a contract with Caritas Christi Network Services (CCNS) to provide data management, reporting, and quality Read more >>

Healthcare Data Services Certified by National Committee for Quality Assurance

BOSTON, Aug. 10 /PRNewswire/ -- Healthcare Data Services (HDS), a provider of customizable, integrated healthcare data analysis and management solutions, announced that it has received software Read more >>