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.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Samuel Ramirez Jr., 33, was wanted for his alleged involvement in the murders of two women on May 21, 2023.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine briefed on Operation Epic Fury in Iran Friday.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
Officials praised the "brave" actions of ROTC students who confronted a gunman Thursday after he opened fire in a classroom on the campus of Old Dominion University, killing one person and injuring two others.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
An aerial refueling tanker crashed in Western Iraq, U.S. officials said.
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
The suspect, who was killed following the shooting, had previously been imprisoned for several years for trying to support ISIS, the FBI said.
More than 300 TSA officers have quit since the partial government shutdown began last month, according to agency statistics obtained by CBS News.
William "Neil" McCasland was last seen at his home in Albuquerque on Feb. 27, investigators said. They have not found evidence of foul play.
Democratic Rep. Jim Clyburn of South Carolina announced Thursday he will seek an 18th term in Congress.
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Samuel Ramirez Jr., 33, was wanted for his alleged involvement in the murders of two women on May 21, 2023.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
The U.S. is temporarily allowing the purchase of Russian oil that's already at sea, in the Trump administration's latest move to loosen sanctions on Russia's oil industry as the world grapples with high oil prices.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Senate Democrats have filed legislation hat would keep the U.S. from attacking Cuba without congressional approval as they seek to force a vote on President Trump's stated goal of a "takeover" of the Caribbean country.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine briefed on Operation Epic Fury in Iran Friday.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
The U.S. is temporarily allowing the purchase of Russian oil that's already at sea, in the Trump administration's latest move to loosen sanctions on Russia's oil industry as the world grapples with high oil prices.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Suspected Iranian cyber and drone attacks are already impacting U.S. tech companies, and Iran says a list of American firms are now on its target list.
Senate Democrats have filed legislation hat would keep the U.S. from attacking Cuba without congressional approval as they seek to force a vote on President Trump's stated goal of a "takeover" of the Caribbean country.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine briefed on Operation Epic Fury in Iran Friday.
The U.S. military says six service members were killed in a plane crash in Iraq, as Iran's continued attacks on Gulf states keep oil prices high.
The raids come as President Donald Trump ramps up his criticism of Mexico's record on fighting drug trafficking.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.
Grammy-winning artist James Blake speaks about making his first solo album as an independent artist. He talks to Anthony Mason about why he decided to leave his record label, what it's like to work with some of the world's biggest musicians and the passion behind his music.
Watch scenes from the performances nominated for best actress at the 98th annual Academy Awards, as well as interviews with the nominees.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
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.
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Samuel Ramirez Jr., 33, was wanted for his alleged involvement in the murders of two women on May 21, 2023.
The Department of Homeland Security confirms Ayman Mohamad Ghazali, a Lebanese-born U.S. citizen, was the man behind Thursday's synagogue attack in Michigan. Sources told CBS News that Ghazali lost two brothers, a niece and a nephew to an airstrike in Lebanon about 10 days prior. Jonah Kaplan reports.
A shooting at Old Dominion University in Virginia on Thursday is being investigated as an act of terrorism, the FBI said. One person died and two others were injured during the attack, officials confirmed. CBS News' Nicole Sganga reports.
The FBI says the attack on a Michigan synagogue on Thursday is being investigated as a "targeted act of violence against the Jewish community." CBS News' Anna Schecter reports.
The raids come as President Donald Trump ramps up his criticism of Mexico's record on fighting drug trafficking.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
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.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
More details are emerging about the suspect behind the attack at Temple Israel, a synagogue, school and community center in West Bloomfield, Michigan. CBS News Ash-har Quraishi reports.
As gas prices increase, AAA says the cost of diesel is rising even faster. Diesel powers trucks, planes, trains and farm equipment. One business owner said if the spike continues, they may have to pass on some of the cost to the consumer. Skyler Henry reports.
Jocelyn Peters, an award-winning third grade teacher in Missouri, was found shot to death in her bed in 2016. Inside her apartment, police found potato fragments splattered in her bedroom and when questioned about the case, a man swallowed potential evidence - leaving investigators searching for answers.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.