Healey says Steward’s financial disclosures are insufficient
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A Steward Health Care facility located in Brockton
Gov. Maura Healey's office remains dissatisfied with Steward Health Care and slammed the financial information it submitted by an end-of-day Friday deadline as "incomplete and insufficient."
"The financial information that Steward provided this week continues to be incomplete and insufficient. What Steward must do from this point forward is clear – complete an orderly transition out of Massachusetts," said Karissa Hand, a spokesperson for Healey.
Healey on Tuesday sent a blistering letter to Steward CEO Ralph de la Torre, urging him to transfer operations at its seven licensed, running hospitals "as soon as possible."
The governor said Steward for years has refused to provide its audited financial statements to regulators, as all other hospitals in Massachusetts must do by law, and demanded the system provide information giving a closer look at its apparent budget crisis by the end of business Friday.
Minutes after that deadline passed, Healey's office said that Steward on Thursday communicated to the state that it does not have the audited financial statements officials had sought.
A Steward spokesperson told the Boston Globe that the system gave the state audited financial statements for several years through 2021, but not 2022. The spokesperson told the Globe 2022 records would be shared once they get the green light from auditors.
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