Steward Health Care to Sell Physician Network to UnitedHealth's Optum Amid Financial Struggles

Steward Health Care, facing financial issues, plans to sell its physician network, Stewardship Health, to UnitedHealth's Optum Care
The sale aligns with Steward's efforts to strengthen its national hospital network after financial setbacks in 2022
The deal would enable Steward to repay outstanding obligations to Medical Properties Trust (MPW), its real estate investment trust
The sale price and other details are not yet known; the deal requires regulatory approvals in Massachusetts
While positive for Steward and MPW, many unknowns remain regarding the potential transaction