Cerberus Capital Management news from FierceHealthcare
NewsNurses claim Steward Health puts profits before patients
Nurses from seven states (Massachusetts, New York, Washington, D.C., California, Illinois, Pennsylvania and Nevada) are heading to New York City to protest expanding hospital operator Steward Health 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...
Cerberus will pay $40 million for most recent acquisitions
Cerberus' $40 million deal includes a purchase price of $21 million for Merrimack Valley and Nashoba Valley Hospitals, the Boston Globe reports. Steward, the holding company created by Cerberus Read more...
Cerberus to add two more hospitals to stable
Cerberus Capital Management isn't wasting any time adding to its collection of Massachusetts hospitals. The New York-based private equity firm, which recently completed a deal to purchase the Read more...
Cerberus sets its sights on ACO makeover for Caritas
It's official. Caritas Christi Health Care is going to the other side. Now that its sale to Steward Health Care System LLC, a newly formed affiliate of Cerberus Capital Management, L.P. is complete, Read more...
Cerberus clears last regulatory hurdle to Caritas deal
No more obstacles stand in the way of Cerberus Capital Management L.P. assuming control of Boston's Caritas Christi hospital system and converting it into a for-profit company. Cerberus may now take 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...
Foes of Caritas Christi sale to Cerberus Capital ask pope to kill deal
A Catholic group that opposes the sale of Caritas Christi Health Care to Cerberus Capital Management, a capital equity firm, was so riled by the possibility that Caritas might go secular--performing Read more...
| Press ReleasesAcquisition of Caritas Christi Now CompleteTuesday, 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 >> AG Coakley Restructures Deal with Steward as Part of Office's Review, Supports Hospital TransactionContact: Melissa KarpinskyJill Butterworth(617) 727-2543 MARTHA COAKLEY ATTORNEY GENERAL October 06, 2010 - For immediate release: Deal Will Preserve Access to Health Care for Thousands of Residents, Read more >> |
