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Essential Services

InstitutionClaim Cited

Steward Health Care

Steward Health Care turned nonprofit hospitals into a national for-profit system financed through private equity, debt, and sale-leasebacks; the resulting expansion separated hospital property from care while patients and communities continued to depend on the operating institutions left paying rent.

What governance limits should apply when financial owners can separate and monetize hospital assets but patients, clinicians, and communities cannot separate their lives from the operating institution?