Compare how recession-proof Steward Health Care System is relative to the industry overall. This is useful in estimating the financial strength and credit risk of the company. Those looking to contact the Attorney General’s Office can do so by clicking this link or by calling 61.īoston 25 News has reached out to the Executive Office of Health and Human Services but has yet to receive a response.ĭownload the FREE Boston 25 News app for breaking news alerts.įollow Boston 25 News on Facebook and Twitter. Determine whether Steward Health Care System grew or shrank during the last recession. Affected consumers and patients are encouraged to contact the AG’s office to share their concerns,” said the AG’s Office. We are gathering information and in close communication with our partners in the Healey-Driscoll Administration, particularly the Executive Office of Health and Human Services. “Our office is aware of reports that Compass Medical Group locations closed suddenly today. Steward Health Care is the nation’s largest private, tax-paying. The Attorney General’s Office told Boston 25 News they were looking into reports as well before the company officially announced its closure. “After a steady stream of challenges, we were ultimately forced to make the devastating decision to close all offices of Compass Medical PC,” the company said in a statement. The attorney representing Steward in that case, Howard Copper of the firm Todd & Weld, LLP, tells Boston 25 News that settlement has since swelled, with interest, to at least $25 million. to Acquire Medicare Value-Based Care Business of Steward Health Care System. Last October, a Boston jury found Compass guilty of fraud, awarding Steward $16.4 million. The companies sued each other over financial issues. That association ended on a sour note last year. For ten years, Compass partnered with Steward Medical to bring medical care to the South Shore. Compass Medical operated six medical clinics south of Boston.
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