Massachusetts Gov. Maura Healey said on Friday that her administration has formally seized a hospital via eminent domain to keep it open and transfer the facility to a new owner.
St. Elizabeth Medical Center in Boston is one of a group of medical facilities operated by Texas-based Steward Health Care, which announced its bankruptcy in May.
St. Elizabeth Medical Center’s operations will be transferred to the Boston Medical Center (BMC) to “protect access to care for tens of thousands of patients and save thousands of jobs,” the Democratic governor said in a statement.
Healey’s office said that Steward and the BMC came to an agreement to transfer operations to BMC but that one of the asset management companies that owns the land, Apollo Global Management, did not accept BMC’s bid….