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.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
An order earlier this week blocked most above-ground construction on the project.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Recovery efforts are underway on Saturday after a tornado touchdown has been reported in Lena, Illinois, about 48 miles west of Rockford.
Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
The disappearances and deaths of 10 government workers tied to nuclear or space technology have sparked speculation online. President Trump said the cases are "hopefully, coincidence."
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
The decision from U.S. District Judge Mary McElroy marks the Justice Department's fifth loss in its attempts to access states' voter registration lists.
President Trump spoke with CBS News Friday in a new telephone interview.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
White House officials are leaning on Utah Republicans to further examine ethics concerns regarding a relationship between two key players in a key gerrymandering case, sources told CBS News.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
President Trump's signing comes after Congress passed a 10-day extension for the controversial warrantless surveillance law.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
The incident occurred around 12:10 a.m. local time on Tuesday, according to the Federal Aviation Administration.
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
More than 51 million people are under the threat of severe weather Friday evening from Texas to Wisconsin, as some are still cleaning up from tornadoes earlier in the week.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
An order earlier this week blocked most above-ground construction on the project.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
The head of Ukraine's Interior Ministry said the gunman took hostages and spoke to negotiators for 40 minutes before he was shot dead.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
There were no injuries reported in connection with the attack, police said Saturday.
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
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.
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
Two people were found dead when a minivan carrying nearly 500 pounds of liquid meth worth up to $3 million crashed in a Fort Worth neighborhood.
"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.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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.
14-year-old surfing phenom tells Carter Evans about his pivot to jiu-jitsu and the lessons he's learned about choosing your path.
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Pope Leo pushed back on claims that he is feuding with President Trump. Chris Livesay has more details.
Millions are under the threat of severe weather on Saturday, with a tornado risk from Tennessee to New York. Multiple funnel clouds whipped across several states on Friday, causing lots of damage. Jonah Kaplan reports and Andrew Kozak has the forecast.
Ukrainian authorities are investigating a mass shooting as a terror attack in Kyiv that killed at least six people. The attacker, a local man, was killed in a shootout with police.