Hospital chain claims "greed and bad faith misconduct" led to bankruptcy
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Watch CBS News
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Bankruptcy comes days after scathing Senate report on private equity impact on hospitals.
The law is intended to prevent the financial maneuvers Steward used to siphon money away from direct patient care.
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
A Senate committee voted to take steps to hold Steward Health Care CEO Ralph de la Torre in civil and criminal contempt
The CEO of the troubled hospital chain did not appear at a Congressional hearing on Tuesday, despite a subpoena calling for his testimony.
Federal grand jury focuses on financial activities of Steward Health Care under CEO Ralph de la Torre.
Ralph de la Torre, the CEO of Steward Health Care, says he will not testify at a Senate hearing in Washington next week.
Massachusetts Gov. Maura Healey has announced a plan to save five Steward hospitals from closure.
One lawmaker called Steward CEO Ralph de la Torre "the poster child" for corporate greed in health care.
The Dallas-based company, which owns hospitals in Massachusetts and seven other states, has been accused of putting profits over patients.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
One of the largest hospital bankruptcies in history is leading to new concerns that some communities will be left without access to medical care. CBS News chief medical correspondent Dr. Jon LaPook has more.
CEO of hospital system struggling with supply shortages previously acquired a $40 million megayacht, company confirms.
The top Democrat and Republican on a powerful Senate committee launched a wide-ranging investigation into private equity's impact on the U.S. health care system.
Texas Vista's owner, Steward Health Care, is shutting down the hospital six years after purchasing it with the help of private equity investors.
Delaware County Memorial closed last fall after private equity investors siphoned millions of dollars.
A for-profit California company saw windfall dividend — and patients scrambled for care, a CBS News investigation found.
"Our message is: Wildfire smoke is very dangerous. It is an increasing threat to human health," said a study author.
The 2026 Winter Olympics are bringing thousands of athletes from around the world together for more than two weeks of competition — and the Games are a gold mine for statistics.
A police helicopter crashed near the scene of what authorities in Flagstaff, Arizona called "an active officer-involved shooting investigation," according to police in Page, Arizona.
Police have accused members of a motorcycle club and a street gang of targeting the judge.
The 5th Dimension had broad crossover success and won six Grammy Awards, including record of the year twice.
A judge says U.S. immigration agents in Oregon must stop arresting people without warrants unless they are likely to escape.
Savannah Guthrie said she and her family were aware of reports of a ransom note and that they are "ready to talk."
"Nancy and Savannah have both contributed so much to the Tucson community," Sally Shamrell, the Guthries' family friend of over 30 years, told CBS News.
The four prosecutors who spearheaded a $250 million Minnesota fraud case have all left the U.S. Attorney's Office in a growing wave of resignations.
President Trump told NBC News the call to remove 700 immigration officers from Minneapolis came from him.
The U.S. Equal Employment Opportunity Commission said Nike may have engaged in "a pattern or practice of disparate treatment against White employees."
A government lawyer who told a judge that her job "sucks" during a court hearing stemming from the Trump administration's immigration enforcement surge in Minnesota has been removed from her Justice Department post.
The Supreme Court declined to block California's new congressional map that could net Democrats five seats in the upcoming midterm elections.
The last remaining nuclear treaty between the U.S. and Russia has expired, ending decades of arms control between the two countries with the largest nuclear arsenals.
"Right now we have the Wild West. I want to see some rules of the road," said Democratic Sen. Richard Blumenthal.
Over 50 million Americans will face higher utility costs as a result of rate hikes approved in 2025, according to PowerLines.
Ryan Routh, the man convicted in a 2024 assassination attempt of President Trump at his Florida golf course, has been sentenced to life in prison.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of shooting two members of the West Virginia National Guard near the White House in November.
Democratic leaders outlined their demands for funding the Department of Homeland Security beyond next week.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
The talks are expected to be held after the U.S. military said it shot down an Iranian drone and Iranian forces threatened to seize a U.S.-flagged vessel.
The disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie, is being investigated as a crime.
Former WaPo executive editor Martin Baron told CBS News the paper's coverage will be "dramatically diminished" because of the job cuts.
The child walked away from his home during a snowstorm Saturday night, as temperatures fell below freezing.
The police chief and mayor of Brooklyn Park, Minneapolis, react to new ICE body cameras and speak about economic impacts and eroding trust in local law enforcement.
"Our message is: Wildfire smoke is very dangerous. It is an increasing threat to human health," said a study author.
The 2026 Winter Olympics are bringing thousands of athletes from around the world together for more than two weeks of competition — and the Games are a gold mine for statistics.
A police helicopter crashed near the scene of what authorities in Flagstaff, Arizona called "an active officer-involved shooting investigation," according to police in Page, Arizona.
Police have accused members of a motorcycle club and a street gang of targeting the judge.
The 5th Dimension had broad crossover success and won six Grammy Awards, including record of the year twice.
Minute Maid's parent company, Coca-Cola, says it's ending production of its frozen juice concentrates, including orange juice.
The U.S. Equal Employment Opportunity Commission said Nike may have engaged in "a pattern or practice of disparate treatment against White employees."
Over 50 million Americans will face higher utility costs as a result of rate hikes approved in 2025, according to PowerLines.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
Former WaPo executive editor Martin Baron told CBS News the paper's coverage will be "dramatically diminished" because of the job cuts.
President Trump is awarding the Medal of Honor to a pilot whose faceoff with Soviet fighter jets remained secret for a half-century and a soldier who died in Afghanistan while shielding somebody from a suicide bomber.
A judge says U.S. immigration agents in Oregon must stop arresting people without warrants unless they are likely to escape.
Some Democratic Colorado lawmakers are demanding answers after reports that "death cards" were left in the vehicles of people detained by Immigration and Customs Enforcement, and over claims that immigration agents used fake traffic stops to detain them.
The four prosecutors who spearheaded a $250 million Minnesota fraud case have all left the U.S. Attorney's Office in a growing wave of resignations.
President Trump told NBC News the call to remove 700 immigration officers from Minneapolis came from him.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
In this web exclusive, author and podcaster Mel Robbins talks with Norah O'Donnell about "The Let Them Theory."
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
France's navy seized 4.24 tons of cocaine from a ship in the south Pacific and also intercepted a boat trafficking cocaine in the Caribbean, officials said.
The Netherlands' Queen Maxima wants to contribute to her country's safety, the royal family says, as Europe's defense anxieties deepen.
The 2026 Winter Olympics are bringing thousands of athletes from around the world together for more than two weeks of competition — and the Games are a gold mine for statistics.
"I hope no one ever finds themselves in the same situation of brutal legal abuse that I did," Artemy Ostaninsaid in his final statement in court.
Polish leader Donald Tusk says his country will pore over the files for any evidence that Epstein's network trafficked women or girls from the country.
The 5th Dimension had broad crossover success and won six Grammy Awards, including record of the year twice.
Actor and comedian Ron Funches talks to "CBS Mornings" about appearing on the reality show "The Traitors," how it led to his autism diagnosis and opening up to others about it.
Super Bowl advertisements are already making waves as companies seek a big win during the NFL's final football game of the season. Jeanine Poggi, the editor-in-chief at Ad Age, joins CBS News with more.
For decades, Susan Lucci starred in "All My Children." She speaks to "CBS Mornings" about her second memoir, which dives into her life after the soap opera series, the death of her husband and the resilience she found along the way.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
Apple is reportedly getting ready to launch its first foldable phone. Plus, OpenAI announced it is retiring its older ChatGPT-4o. Mashable tech editor Tim Werth joins CBS News to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
"Right now we have the Wild West. I want to see some rules of the road," said Democratic Sen. Richard Blumenthal.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
France's navy seized 4.24 tons of cocaine from a ship in the south Pacific and also intercepted a boat trafficking cocaine in the Caribbean, officials said.
A police helicopter crashed near the scene of what authorities in Flagstaff, Arizona called "an active officer-involved shooting investigation," according to police in Page, Arizona.
Savannah Guthrie said she and her family were aware of reports of a ransom note and that they are "ready to talk."
The Pima County Sheriff's Department said Wednesday that investigators have not identified a suspect or person of interest in the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy. CBS News' Andres Gutierrez and Anna Schecter have more.
Investigators are analyzing and trying to determine the authenticity of a possible ransom note as the search continues for Nancy Guthrie, the mother of "Today" show host Savannah Guthrie. CBS News' Andres Gutierrez and Anna Schecter have more.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
ALL NEW: A Texas teenager shoots two of his friends. He says a popular acne medication made him do it. "48 Hours" correspondent Tracy Smith reports Saturday, Feb. 7 at 10/9c on CBS and streaming on Paramount+.
CBS News' Olivia Gazis speaks with Deputy Prime Minister Radosław Sikorski of Poland about President Trump's push for Greenland, NATO and the relationship between Poland and the U.S.
Investigators in the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie, still haven't identified a suspect or person of interest in the Arizona case. Jonathan Vigliotti has the latest.
"Today" show host Savannah Guthrie posted a video on Wednesday night pleading for her mother Nancy's return. Nancy Guthrie was reported missing Sunday and authorities believe she was abducted.
History was made at the 150th Westminster Dog Show after a doberman pinscher named Penny was awarded the top prize. Tony Dokoupil has more.