Health and Human Services Secretary Kate Walsh has emphasized the challenges posed by the property and leasing structures of Steward Health Care hospitals in a recent discussion on health care access, affordability, and staffing in southeastern Massachusetts. The for-profit system, which operates under private equity backing, has complicated efforts to find a buyer due to its unique financing setup.
Walsh, a seasoned health care executive with experience at top hospitals and research institutions, described the situation at Steward as unprecedented in her career. Despite the complexities involved, Walsh emphasized the importance of finding a solution that prioritizes patient care, family support, and health care reform in eastern Massachusetts.
With a team of experts dedicated to finding the best path forward, Walsh remains committed to addressing the challenges presented by the current situation and working towards a resolution that benefits all stakeholders involved. As discussions about the future of Steward Health Care continue, Walsh is focused on exploring creative solutions to ensure that patients receive the care they need and that the broader health care system in the region can be reformed.