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.
Last week, Bill Gates apologized to the staff of his philanthropic Gates Foundation for his ties to Jeffrey Epstein, which he said began in 2011 and continued through 2014.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Many see the Iran conflict lasting at least months. A majority oppose it, and more say it makes the U.S. less safe.
United said it could permanently ban travelers who refuse to wear headphones while listening to audio or video content on its flights.
Documents released by the Justice Department provided a look into Howard Lutnick's ties to convicted sex offender Jeffrey Epstein.
Many of the agents who were fired last week by FBI Director Kash Patel were assigned to a squad that worked on global counterintelligence cases, including those involving Iran, sources said.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
The attacker who opened fire at a bar in Austin, Texas, over the weekend appears to have posted antisemitic, anti-Christian and misogynistic messages on social media.
President Trump's special envoy Steve Witkoff told Fox News that Iranian negotiators said Iran had the "inalienable right to enrich all their nuclear fuel."
The Justice Dept. said in a court filing it seeks to withdraw its motion to voluntarily dismiss appeals of court decisions invalidating executive orders targeting four law firms.
Two sources familiar with the U.S. military's use of artificial intelligence confirm that the U.S. used Anthropic's Claude AI model over weekend for the attack on Iran — and is still using it.
The massive tranche of files the Justice Department currently maintains is more than 65,000 pages shorter than what the agency initially released.
Crude oil prices are surging due to the Iran war, pushing up prices at the pump across the U.S., according to AAA.
Echinus Geyser is about 66 feet wide and is surrounded by rocks that resemble sea urchins.
Target will invest another $2 billion in its business this year to spruce up stores, remodel locations and invest in workers, the retailer said Tuesday as it outlined plans to try to reverse a persistent sales malaise and reclaim its footing in fashion and home categories.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
Michael Sockwell, one of Alabama's longest-serving death row inmates, could soon receive a new trial.
The State Department urged Americans to "depart now" from countries including Bahrain, Egypt, Israel, Lebanon, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
At a meeting this week, the National Capital Planning Commission will be hearing from about 100 people who are expected to register their dismay over Trump's plans for a White House ballroom addition.
Israel sent troops into Lebanon as the U.S.-Israeli war with Iran widened, and some of Iran's Gulf neighbors warned that Iran's retaliatory fire could draw them into the spreading conflict.
Four different district court judges found President Trump's executive orders targeting the law firms were unconstitutional.
The Supreme Court order blocks for now a California law that bans automatic parental notification requirements if students change their pronouns or gender expression at school.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
Last week, Bill Gates apologized to the staff of his philanthropic Gates Foundation for his ties to Jeffrey Epstein, which he said began in 2011 and continued through 2014.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Many see the Iran conflict lasting at least months. A majority oppose it, and more say it makes the U.S. less safe.
United said it could permanently ban travelers who refuse to wear headphones while listening to audio or video content on its flights.
Documents released by the Justice Department provided a look into Howard Lutnick's ties to convicted sex offender Jeffrey Epstein.
United said it could permanently ban travelers who refuse to wear headphones while listening to audio or video content on its flights.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Crude oil prices are surging due to the Iran war, pushing up prices at the pump across the U.S., according to AAA.
Target will invest another $2 billion in its business this year to spruce up stores, remodel locations and invest in workers, the retailer said Tuesday as it outlined plans to try to reverse a persistent sales malaise and reclaim its footing in fashion and home categories.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Buckhout narrowly lost to Democratic Rep. Don Davis in 2024.
CBS News projects Bobby Pulido wins Texas' 15th Congressional District, setting up battle against Republican incumbent Rep. Monica De La Cruz.
In the Texas GOP Senate primary, CBS News projects Sen. John Cornyn and Texas Attorney General Ken Paxton will go to a runoff, with neither clearing 50% of the vote.
Last week, Bill Gates apologized to the staff of his philanthropic Gates Foundation for his ties to Jeffrey Epstein, which he said began in 2011 and continued through 2014.
A Democrat has not won the seat since 2010, but the party believes it has a chance at flipping the seat.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
The U.S. Department of State has urged Americans to leave 14 countries across the Middle East amid the widening Iran war, but most flights have been canceled.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Many see the Iran conflict lasting at least months. A majority oppose it, and more say it makes the U.S. less safe.
President Trump's special envoy Steve Witkoff told Fox News that Iranian negotiators said Iran had the "inalienable right to enrich all their nuclear fuel."
China is the largest importer of energy in the world, and the disruption to oil imports caused by the conflict could be a potential Achilles' heel for Beijing.
Bestselling author Michaeleen Doucleff offers science-backed tips on how families can curb their screen time and cut back on ultraprocessed foods. She explains how her new book, which is aimed at rewiring children's brains, began with a personal revelation.
Actor Luke Grimes talks about starring in the "Yellowstone" spinoff "Marshals." Grimes reveals why he was hesitant to join the cast at first and what it was like to have his new song "Haunted" to play in the premiere episode.
UFC commentator Laura Sanko joins "CBS Mornings" to preview Saturday's UFC fight where defending champion Max Holloway will take on Charles Oliveira for the BMF title.
Actor Christa Miller speaks about starring in "Shrinking," how her life experiences helped to inspire the series and what it's like to work with her husband, who is a co-creator of the show.
Brad Falchuck, the host and executive producer of "Famous Last Words," speaks about the series and his meaningful conversation with actor Eric Dane, who died last month from ALS. In the show, Falchuck sits down with public figures for an in-depth conversation, but the interviews only air after the subject dies.
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
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 CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Dario Amodei, co-founder and CEO of the artificial intelligence company Anthropic, says his company refused to allow its AI product, Claude, to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement). That prompted President Trump to announce Friday that he is banning Anthropic's technology from all federal use, while Secretary of Defense Pete Hegseth labeled the company "a supply chain risk to national security." Amodei talks with correspondent Jo Ling Kent about why he calls the administration's actions "retaliatory and punitive."
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The attacker who opened fire at a bar in Austin, Texas, over the weekend appears to have posted antisemitic, anti-Christian and misogynistic messages on social media.
Sen. Dick Durbin of Illinois pressed Homeland Security Secretary Kristi Noem about her comments after the killings of Renee Good and Alex Pretti during immigration protests in Minneapolis.
A jury found Colin Gray, the father of the Apalachee High School student accused of shooting and killing two students and two teachers, guilty of all charges, including second-degree murder, on Tuesday. This marks the third time a parent has been charged for connection to a mass shooting. CBS News' Skyler Henry has the latest.
Homeland Security Secretary Kristi Noem blasted the current funding lapse affecting her department during her opening statement before the Senate Judiciary Committee. Noem also touted the operations at DHS under the Trump administration despite mounting scrutiny over her handling of the deaths of Renee Good and Alex Pretti in Minneapolis.
The jury has found Colin Gray, the man whose teenage son is accused of killing two students and two teachers in a shooting at Georgia's Apalachee High School, guilty of second-degree murder and all other charges.
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.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
Primary election polls have closed in most of Texas, but voters in Dallas County will have until 10 p.m. ET to cast their ballot. CBS News senior White House and political correspondent Ed O'Keefe explains why.
A small plane pulled off an emergency landing on the Hudson River north of New York City, with both people on board suffering only minor injuries. Tony Dokoupil has the story.
Republican Michael Whatley and Democrat Roy Cooper will face off in North Carolina's Senate race, CBS News projects, after the two picked up primary wins Tuesday night.
The U.S. and Israel have launched ferocious new attacks on Iran, with President Trump saying "just about everything's been knocked." Yet, Iran is still hitting back. Tony Dokoupil has the latest.
A man with magazines was taken into custody outside of a Ken Paxton election event in Dallas, Texas, Tuesday night. CBS News' Nidia Cavazos reports.