Steward Health Care, facing financial issues at its Massachusetts hospitals, is selling its nationwide physician network to UnitedHealth’s Optum Care unit. The sale of Stewardship Health is part of a strategy to strengthen the company’s system of 33 hospitals after falling behind in payments. Optum subsidiary Collaborative Care Holdings filed notice with the state Health Policy Commission, but the price of the sale is unknown. The move aims to stabilize Steward’s finances, but details of the transaction are still unclear.
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Steward Health Care has deal to sell doctor network to UnitedHealth
