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MPW – Steward “extreme financial hardship”

Author: Published on: Published in: Medical Properties Trust NASDAQ:MPW

February 22, 2023 – In 2022 Steward sued Tenet for payments from the Florida Detected Payments Program (DPP) it believed it was owed given the back-dated periods these receipts relate to. Particulars of amounts are heavily redacted.

This lawsuit appears to have spectacularly backfired on Steward. Court filings now show Steward’s “extreme” financial distress, eviction notices by landlords, and credit hold by numerous providers.

Documents pertaining to the case can be found on our website below alongside this report.

REPORT DOWNLOAD LINK
DEFENDANTS REPLY IN SUPPORT OF MOTION TO COMPEL
MEMORANDUM OF OPINION

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