Steward Health has not received ‘qualified bids’ for sale of local hospitals

(WKBN) — The Steward Health Care System has canceled auctions for its locations in Ohio and Pennsylvania.

According to court documents filed on Sunday in the U.S. Bankruptcy Court for the Southern District of Texas — where Steward Health is based — the organization has “not received bids that constitute a qualified bid” needed to hold an auction.

Auctions were originally scheduled for June 27 and were postponed before this announcement.

The document further states that the organization is evaluating alternatives with consultation parties and does not have a final decision on the future of their hospitals in these states.

Local Steward Health locations include Trumbull Regional Medical Center in Warren, Hillside Rehabilitation Hospital in Howland and Sharon Regional Medical Center.

The organization also has locations in Arizona, Arkansas, Florida, Louisiana, Massachusetts and Texas and has accepted bids for one location in Louisiana and one in Texas.

The motion comes after Steward Health filed for Chapter 11 bankruptcy on May 6 . In January, First News investigated after the company was having issues paying its rent , as well as some loan obligations.

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