John E. McDonough

Aug 17, 2024 | commonwealthbeacon.org | John E. McDonough |Paul A. Hattis

EARLIER THIS YEAR, when Steward Health’s financial collapse became immediate, we suggested the for-profit chain’s Massachusetts hospitals should be taken over by regional non-profits. The result would redistribute acute hospital resources to strengthen the state’s regional medical systems rather than weakening them further. While the idea seemed a long shot at the time, it turns out that’s exactly the outcome announced Friday by Gov. Maura Healey.

Jul 30, 2024 | portside.org | John E. McDonough

For-Profit Medicine Is Ruining Massachusetts Health Care Published July 30, 2024 LIKE A SHRINKING number of you, I still get The Boston Globe home delivered every morning by a Haitian delivery guy from Dorchester. I know, getting it online is cheaper, easier, and environmentally cleaner, and my kids still tease about it. Part of it for me is sentimental—growing up in Waltham, I home delivered the afternoon Globe six days a week between ages 7-14. My wife still appreciates the real paper.

Jul 29, 2024 | commonwealthbeacon.org | John E. McDonough

LIKE A SHRINKING number of you, I still get The Boston Globe home delivered every morning by a Haitian delivery guy from Dorchester. I know, getting it online is cheaper, easier, and environmentally cleaner, and my kids still tease about it. Part of it for me is sentimental—growing up in Waltham, I home delivered the afternoon Globe six days a week between ages 7-14. My wife still appreciates the real paper. And every so often, I miss something important by not seeing the printed edition.

Feb 20, 2024 | commonwealthbeacon.org | John E. McDonough |Paul A. Hattis

WHAT IS AT STAKE right now in the unfolding crisis at Steward Health Care, with nine hospitals plus 16,000 physicians, nurses, and other health care workers? Bankruptcy? Eminent domain? Receivership? Fire sale? It’s all on the table right now, and informed sources tell us that the for-profit system is failing fast. Worry about that may have prompted Gov.

Jan 23, 2024 | commonwealthbeacon.org | Paul A. Hattis |John E. McDonough

STEWARD HEALTHCARE appears to be in serious financial trouble. In some ways, it’s surprising the for-profit healthcare system — with 33 hospitals, including eight in Massachusetts, plus a physicians network — has survived as long as it has. In August 2022, the system’s dire financials showed a negative net worth of $1.5 billion. That figure is conservative by not reflecting hundreds of millions of dollars that Steward must pay each year under lease agreements for all its hospitals.