Hospital chain claims "greed and bad faith misconduct" led to bankruptcy
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
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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.
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
On March 31, 1981, when President Reagan was shot by John Hinckley, Jr., the Washington Hilton ceased to be just another venue for the Secret Service.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Cole Allen, the man accused of opening fire at the White House Correspondents' Dinner on Saturday, will appear in federal court for the first time Monday.
The Supreme Court turned away an appeal from a Florida couple who alleged their parental rights were violated by a now-revised school board policy on students' gender identity.
Kirby argued that a merger would create jobs, offer more affordable flying options and allow the airline to compete with foreign carriers.
U.S. Attorney Jeanine Pirro said Saturday night that Cole Allen will face at least two charges and predicted there will be more.
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
Former Sen. Ben Sasse, who was diagnosed with pancreatic cancer late last year, spoke to CBS News about why Congress is dysfunctional, the promises and risks of AI and his wish for the country.
Police said the shooting occurred after a fight outside Five Guys. The victims were women between the ages of 17 to 22 years old.
On this "Face the Nation with Margaret Brennan" broadcast, acting Attorney General Todd Blanche and Chevron CEO Mike Wirth join Margaret Brennan.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
Law enforcement apprehended 31-year-old Cole Allen after he charged a security checkpoint outside the White House Correspondents' Association Dinner.
"If one of his goals was to get us to be scared, he failed," Acting Attorney General Todd Blanche said Sunday.
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night following a shooting outside the ballroom of the Washington Hilton Hotel.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
After more than 40 years and three wrongful convictions, authorities says they have the man responsible for the 1984 Long Island killing of 16-year-old Theresa Fusco, who vanished after leaving her job at a local roller rink.
President Trump was safely evacuated from the White House Correspondents' Association Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
On March 31, 1981, when President Reagan was shot by John Hinckley, Jr., the Washington Hilton ceased to be just another venue for the Secret Service.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Cole Allen, the man accused of opening fire at the White House Correspondents' Dinner on Saturday, will appear in federal court for the first time Monday.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Kirby argued that a merger would create jobs, offer more affordable flying options and allow the airline to compete with foreign carriers.
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
First lady Melania Trump criticized comedian Jimmy Kimmel for jokes he made on his show days before the White House Correspondents' Dinner.
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
On March 31, 1981, when President Reagan was shot by John Hinckley, Jr., the Washington Hilton ceased to be just another venue for the Secret Service.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Reports at the White House Correspondents' Dinner quickly began sharing what they knew when gunfire was heard outside the ballroom.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
The group, returning home after a vacation in Thailand, had Kush -- a potent strain of cannabis -- hidden in their luggage, officials said.
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
Eve Plumb starred as middle child Jan Brady on the classic sitcom "The Brady Bunch." While reflecting on her career, she told "CBS Mornings" the beloved show "put me where I am today." Plumb also addressed "The Brady Bunch" not being an instant hit and why one of her iconic lines bothered her, which she discusses in her new memoir.
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
In this web exclusive, Grammy-winning singer-songwriter Kacey Musgraves talks with correspondent Anthony Mason about her latest album, "Middle of Nowhere," a record inspired by loneliness following a breakup, and how she grew to feel empowered by the concept of liminal space.
A couple of years ago, Grammy-winner Kacey Musgraves went home to east Texas to heal from a breakup. She tells Anthony Mason that in writing her latest album, "Middle of Nowhere," she learned how to embrace being alone. She also talks about the influence of her mentor, singer-songwriter John Prine, and how the emotions of her latest songs poured out of loneliness.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
More details have emerged on the suspect from the White House Correspondents' Dinner shooting and an apparent "manifesto" he sent to his family. CBS News' Carter Evans has more from Torrance, California.
The 31-year-old suspect linked to the shooting at the White House Correspondents' Dinner is set to make a court appearance Monday, where he's expected to be charged. CBS News' Nicole Sganga has more.
Cole Allen, the 31-year-old man linked to a shooting at the White House Correspondents' Dinner, has an appearance Monday in federal court. His family's neighbors in Torrance, California, told CBS News Los Angeles' Tina Patel that his parents are peaceful people.
The man linked to a shooting at the White House Correspondents' Dinner is set to appear in federal court Monday. CBS News' Nancy Cordes and Anna Schecter have the latest.
Reports at the White House Correspondents' Dinner quickly began sharing what they knew when gunfire was heard outside the ballroom.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
A group of budget airlines, including Frontier and Avelo, has asked the U.S. government for a relief package amid Spirit Airlines' negotiations for a loan, a Wall Street Journal report says. CBS News' Shanelle Kaul has more.
More details have emerged on the suspect from the White House Correspondents' Dinner shooting and an apparent "manifesto" he sent to his family. CBS News' Carter Evans has more from Torrance, California.
The 31-year-old suspect linked to the shooting at the White House Correspondents' Dinner is set to make a court appearance Monday, where he's expected to be charged. CBS News' Nicole Sganga has more.
California Democratic Rep. Nanette Barragán joins CBS News 24/7 to talk about her experience at the White House Correspondents' Dinner, including her thoughts about security at the venue.
The ongoing U.S.-Israeli conflict with Iran has led to other regional disruptions, including an influx of refugees into Armenia. Michael Bociurkiw, a senior fellow at the Atlantic Council's Eurasia Center, joins with more.