UnitedHealth acquires doctor network from Steward Health Care

Steward Health Care, a hospital operator in Massachusetts, has taken steps to improve its financial situation by selling its national physician network to UnitedHealth’s Optum Care unit. The sale of Stewardship Health, the doctors group, was filed with the state’s Health Policy Commission on Tuesday.

Last year, Steward struggled to pay bills and rents, leading to the need for this strategic move. As part of its efforts to strengthen its system of 33 hospitals nationwide, Steward is selling the doctors group as part of its plan to address its financial crisis and make improvements moving forward.

Optum officials have not yet provided a comment on the deal, and documents filed with the state’s Health Policy Commission did not specify a price for the sale. However, it is seen as a way for Steward Health Care to address their financial difficulties and improve their operations in the future.

By Samantha Johnson

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