The deal closed just over two weeks after the Massachusetts Department of Public Health approved the sale.
Steward — owned by New York-based private equity firm Cerberus Capital Management — owns six Caritas Christi hospitals and currently has pending deals to acquire Morton Hospital and Medical Center in Taunton, Mass., and Saints Medical Center in Lowell, Mass.
Read the Boston Globe report on Steward Health Care System.
Read related articles on Steward Health Care System:
Boston’s Steward Health Approved to Acquire Merrimack and Nashoba Valley Hospitals
Massachusetts’ Saints Medical Center Signs Letter of Intent With Steward
Boston’s Steward Health Beats Southcoast Health in Acquisition of Morton Hospital