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.
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
The number of people being monitored for hantavirus in the United States has grown to 41, the Centers for Disease Control and Prevention said Thursday.
There has been palpable excitement about President Trump's state visit to China in the Queens neighborhood of Flushing, home to one of the largest Asian populations in the U.S.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
A CBS News investigation showed the broker had worked with dangerous "chameleon carriers," thousands of which evade federal safety enforcement by reincarnating under new names.
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Admiral Brad Cooper of U.S. Central Command told the Senate Armed Services Committee that U.S. forces have destroyed more than 90% of Iran's inventory of 8,000 naval mines.
U.S. Border Patrol Chief Michael Banks, who was appointed to the role last year, told staff on Thursday that he is stepping down.
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
Oklahoma executed a death row inmate Thursday morning. He had been convicted of killing his ex-girlfriend and her 7-month-old baby in 2007.
The FBI attempted to interview the director of elections in Milwaukee County, Wisconsin, the county clerk's office said in a statement.
As Republicans seek to retain control of the U.S. House, leaders of both parties nationwide have sought to redraw their congressional maps to net more seats for their parties.
Ian Nixon, a veteran pilot from the Bahamas, put the plane he was flying down in the ocean without anyone suffering serious injuries.
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
The state's electoral system was a key issue in the 2nd Congressional District primary to replace GOP Rep. Don Bacon.
For decades, U.S. presidents have remained steadfast in their defense of the tiny Asian ally from its neighboring giant.
The Army identified the soldier as Spc. Mariyah Collington.
The senator's son apologized Wednesday, saying he was seeking help for his drinking problem.
Commerce Secretary Howard Lutnick said he was unaware for years that Jeffrey Epstein was a registered sex offender, according to a transcript of testimony released Wednesday.
Secretary of Homeland Security Markwayne Mullin told CBS News that ICE arrests at the FIFA World Cup are not off the table, but the agency will not be at the global sporting event for the purpose of immigration arrests.
The new map will eliminate one of the state's majority Black, Democratic-leaning districts while keeping one Democratic-leaning district.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
The number of people being monitored for hantavirus in the United States has grown to 41, the Centers for Disease Control and Prevention said Thursday.
There has been palpable excitement about President Trump's state visit to China in the Queens neighborhood of Flushing, home to one of the largest Asian populations in the U.S.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
A CBS News investigation showed the broker had worked with dangerous "chameleon carriers," thousands of which evade federal safety enforcement by reincarnating under new names.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
The 5.5-carat "Ocean Dream" diamond was found in Central Africa in the 1990s.
ICE has released the wife of an active-duty U.S. soldier after a month in detention, her husband told CBS News.
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
A bipartisan group of lawmakers unveiled a bill to help civilians, including law enforcement agents, receive workers' compensation for illnesses like cancer that are often associated with toxic exposure to burn pits.
Three South Florida teenagers helped a 65-year-old having a heart attack. Matt Gutman has the story.
Jake Rosmarin, a travel influencer who was on the M/V Hondius as it suffered a hantavirus outbreak, is one of 16 Americans quarantining at the University of Nebraska Medical Center. Rosmarin spoke with CBS News about how a five-week trip is now stretching into 12 weeks away from home.
Challenging your mind, through games and learning new skills, may help reduce your risk of dementia, according to the Alzheimer's Association. (Sponsored by the Alzheimer's Association.)
Several states have required their health agencies to take on another job: verifying immigration status among Medicaid recipients and reporting them to the U.S. Department of Homeland Security.
Jake Rosmarin is one of the 16 Americans at the University of Nebraska Medical Center being monitored for signs of hantavirus. Ian Lee spoke with him and has more details.
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
A bipartisan group of lawmakers unveiled a bill to help civilians, including law enforcement agents, receive workers' compensation for illnesses like cancer that are often associated with toxic exposure to burn pits.
There has been palpable excitement about President Trump's state visit to China in the Queens neighborhood of Flushing, home to one of the largest Asian populations in the U.S.
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.
Film critic Rex Reed, whose clever and barbed opinions about movies – and movie stars – made him a fixture for decades in print and on television, died on May 12, 2026 at age 87. In this Feb. 4, 2018 "Sunday Morning" profile, Reed talked with Mo Rocca about how he came to live the life of an A-Lister himself. He also dispensed his unvarnished opinions about that year's best picture Oscar-nominees.
(Spoilers ahead) "CBS Mornings" reveals the castaways voted off during Wednesday's episode of "Survivor 50" in another double elimination. They discuss being part of the franchise and their legacies in the game.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
Lawyers presented closing arguments Thursday in the OpenAI trial pitting Elon Musk against its CEO, Sam Altman. CBS News legal contributor Jessica Levinson 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.
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
Alex Murdaugh, the former South Carolina lawyer who was convicted of murder, will get a new trial and have his convictions overturned, the state's Supreme Court ruled Wednesday. CBS News' Eva Pilgrim reports.
The tourist sparked outrage after a witness recorded him chucking a coconut-sized rock at "Lani," a beloved Hawaiian monk seal off a Maui beach.
Warning: Distressing video. Authorities in the Philippines tried to arrest a senator on Wednesday, resulting in a burst of gunfire in the Philippine Senate, according to an Associated Press journalist and other witnesses.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
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.
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
Two animals with specials needs are adjusting to their new home in Maryland after recovering together at "Last Chance Animal Rescue." Photojournalist Parrish Smith shows us how Blueberry and Meadow found each other and their forever home.
Some restaurants are going retro to try to bring customers into dining rooms. Bradley Blackburn got a taste of how they're putting nostalgia - on the menu.
Chinese President Xi Jinping and President Trump are discussing a wide range of topics in Beijing, including Taiwan and the war with Iran. Henrietta Levin, a senior fellow with the Freeman Chair in China Studies at CSIS, joins "The Daily Report" to discuss what success would look like for both the U.S. and China during these talks.
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.