Steward Well being Care’s Massachusetts hospitals are on the point of monetary catastrophe. However in lots of vital methods, Steward’s troubles are only a symptom of a bigger disaster engulfing the whole business.
Whereas Steward’s for-profit possession construction put its hospitals at an obstacle, many well being care executives say the state’s total community of hospitals is approaching a capability scarcity not seen for the reason that early days of the Covid-19 pandemic.
Trade leaders are calling for pressing motion from the Healey administration and the Legislature to assist stem the disaster. Even simply simplifying the state regulatory paperwork and approvals for bringing uninsured sufferers into the MassHealth system would assist, executives say.