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.
TSA staffing shortages remain far more severe than the national average, although wait times seemed to be stabilizing Monday.
JetBlue is hiking bag check fees as airlines face higher jet fuel costs related to the Iran war, making flying more expensive.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Federal officials on Monday for the first time labeled the March 12 attack at Michigan's Temple Israel as an act of terrorism inspired by Hezbollah, an Iran-backed militant group.
Kid Rock shared videos to social media that appear to show two Army helicopters outside of his Tennessee home.
The New York Times says the Defense Department flouted a court order blocking it from enforcing a policy limiting press access to the Pentagon.
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
The shutdown of the Department of Homeland Security is set to stretch on after House Republicans rejected a Senate-passed solution to the standoff late last week.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
A human bone discovered on a California beach in 2022 has been traced back to a former banker who vanished from that area more than two decades ago.
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
Fighter jets were scrambled over Palm Beach after a civilian plane breached restricted airspace near President Trump's Mar-a-Lago resort, officials said.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."
After being down by as many as 19 on Sunday, Braylon Mullins retrieved a loose ball near midcourt in the waning seconds against Duke and hit a three-pointer from 35 feet away to take the lead.
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
"As long as the Americans seek Iran's surrender, our response is clear: Far be it from us to accept humiliation," Mohammad Bagher Ghalibaf, Iran's parliament speaker, said Sunday.
Jerome Adams, who served as surgeon general in President Trump's first term, said that "similar to cigarettes," the government needs to point out that social media platforms "are incredibly addictive."
Congress has yet to approve funding for the Department of Homeland Security, which has been shut down for over 40 days.
On this "Face the Nation with Margaret Brennan" broadcast, Border Czar Tom Homan and former U.S. Surgeon General Jerome Adams join Margaret Brennan.
The test was in line with Kim Jong Un's goals of targeting the U.S., but some experts speculate the claim may be exaggerated.
Sgt. Moshe Yitzchak Hacohen Katz, 22, was born in Connecticut and served in the Israel Defense Forces' Paratroopers Brigade.
TSA staffing shortages remain far more severe than the national average, although wait times seemed to be stabilizing Monday.
JetBlue is hiking bag check fees as airlines face higher jet fuel costs related to the Iran war, making flying more expensive.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Federal officials on Monday for the first time labeled the March 12 attack at Michigan's Temple Israel as an act of terrorism inspired by Hezbollah, an Iran-backed militant group.
Kid Rock shared videos to social media that appear to show two Army helicopters outside of his Tennessee home.
JetBlue is hiking bag check fees as airlines face higher jet fuel costs related to the Iran war, making flying more expensive.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
TSA staffing shortages remain far more severe than the national average, although wait times seemed to be stabilizing Monday.
Kid Rock shared videos to social media that appear to show two Army helicopters outside of his Tennessee home.
The New York Times says the Defense Department flouted a court order blocking it from enforcing a policy limiting press access to the Pentagon.
The shutdown of the Department of Homeland Security is set to stretch on after House Republicans rejected a Senate-passed solution to the standoff late last week.
The forces give Trump military options in Iran, including operations that could target opening the Strait of Hormuz, take oil from Kharg Island or seize Iran's stockpile of enriched uranium, sources said.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
The massive seizure of cocaine marked the latest instance of the illicit drug being found hidden in a shipment of the fruit.
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
The forces give Trump military options in Iran, including operations that could target opening the Strait of Hormuz, take oil from Kharg Island or seize Iran's stockpile of enriched uranium, sources said.
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
The New York Times says the Defense Department flouted a court order blocking it from enforcing a policy limiting press access to the Pentagon.
Mo Rocca learns some tricks from the dancers in "Cats: The Jellicle Ball."
Mo Rocca sits down with Tony Award-winner André De Shields, Ken Ard, Junior LaBeija and Leiomy, who star in "Cats: The Jellicle Ball."
Mo Rocca sits down with Zhailon Levingston and Bill Rauch, the directors of "Cats: The Jellicle Ball."
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
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.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The FBI has labeled the March 12 attack on a Michigan synagogue as an act of terrorism inspired by Hezbollah, the Iran-backed militant group. CBS News' Anna Schecter has the details.
The March 12 attack on a synagogue in West Bloomfield, Michigan, was an act of terrorism inspired by the militia group Hezbollah, federal officials said at a news conference Monday. Watch the full remarks.
The massive seizure of cocaine marked the latest instance of the illicit drug being found hidden in a shipment of the fruit.
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
Desmond Freeman fled into dense bushland in August last year after shooting and killing two police officers who came to search his rural home.
NASA is hoping to lift off Wednesday on its Artemis II mission that will send a four-member crew on a nine-day trip around the moon and back before splashing down off the coast of San Diego. Mark Strassmann has more.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
The Artemis II crew is in quarantine ahead of a launch scheduled for Wednesday. If all goes well, the crew will fly around the far side of the moon, going farther from Earth than any human in history. Mark Strassmann reports.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
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.
Congress is out of town as the partial government shutdown continues. CBS News congressional correspondent Caitlin Huey-Burns reports.
TSA employees have begun receiving some back pay amid the partial government shutdown after President Trump signed an executive order. CBS News homeland security correspondent Nicole Sganga has the latest.
President Trump said over the weekend that regime change in Iran has basically been accomplished, and that the new leaders are making concessions. Meanwhile, more U.S. troops have arrived in the region. CBS News senior White House and political correspondent Ed O'Keefe reports.
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
Wall Street had a shaky start to the week on Monday, as U.S. stocks ended mixed and crude oil prices stayed above $100 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins to discuss.