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Steward becomes largest for-profit hospital chain


Boston-based Steward Health has become America’s largest for-profit hospital operator. It now owns and operates a total of 36 hospitals in 10 states, with 1,400 physicians and 4,700 physicians in an integrated network.

It reached this status with the completion of  its acquisition of ISASIS Healthcare last week.

Steward Health didn’t disclose the cost of the deal, but Boston Business Journal reported that Medical Properties Trust contributed $1.4 billion of the $1.9 billion purchase of the acquired hospital’s real estate that was in the agreement.

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