care industry healthcare predecessor steward health care system founded 2010 founder cerberus capital management headquarters boston us area served new england key people ralph de la torre md ceo president owner cerberus capital management number of employees 17 000 website www.steward.org steward health care is the second largest healthcare system in new england . it was established when the caritas christi health care system was sold to the private equity firm cerberus capital management in 2010 ; cerberus converted caritas to a for profit company and renamed it steward health care system . 1 steward health care has 17 000 employees over 2 000 hospital beds across 11 hospitals and serves more than 150 communities . 1 steward health care is led by ceo ralph de la torre md 2 and located in boston . the system is still owned by cerberus capital management . 2 contents 1 business model 2 hospitals 3 other facilities 4 quincy medical center 5 references 6 see also 7 further reading business model edit this section needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . september 2012 learn how and when to remove this template message the system s business model is based on being a low price leader in the provision of high quality care . 2 consistent with this model the system has taken steps to reduce the direction of surgical patients toward teaching hospitals in the boston area . 2 the system has also worked with payers to negotiate patient group oriented budget pricing . 2 hospitals edit as of 2012 update the largest of the hospitals in the steward system is st. elizabeth s medical center in terms of total patient volume several other hospitals have equal or greater inpatient bed capacity . 2 hospital location bed count emergency department founded notes st. elizabeth s medical center brighton 252 yes 1868 founded by third order of st. francis . steward s tertiary care center . carney hospital dorchester 150 yes 1863 founded by daughters of charity of saint vincent de paul and andrew carney . first catholic hospital in new england . good samaritan medical center brockton 267 yes 1993 merger of cardinal cushing general hospital and goddard memorial hospital holy family hospital methuen 261 yes 1950 formerly bon secours hospital founded by sisters of bon secours . norwood hospital norwood 264 yes 1902 formerly willett cottage hospital saint anne s hospital fall river 160 yes 1906 founded by dominican sisters of the presentation holy family hospital at merrimack valley haverhill 122 yes 1887 formerly merrimack valley hospital and hale hospital nashoba valley medical center ayer 57 yes 1964 formerly beth israel deaconess nashoba quincy medical center quincy 196 3 yes 1890 closed morton hospital and medical center taunton 152 yes 1888 formerly morton hospital & medical center new england sinai hospital stoughton 212 no nesh is a long term post acute rehab hospital . other facilities edit non acute steward facilities which offer a variety of services include steward home care and the steward medical group . 1 quincy medical center edit after years of multimillion dollar losses and a rapidly declining patient population quincy medical center closed in december of 2014 . 4 in the wake of the hospital s closure steward health care announced that it would transition its primary specialty and veterans 5 care to a network of local facilities . 6 the healthcare company also announced that it would continue to operate its emergency department at the quincy medical center facility 7 and that it would provide substantial employee assistance severance and job placement services to quincy medical center staff . 8 steward health care s transition plan has received approval from the massachusetts department of public health and from the massachusetts attorney general . 9 references edit a b c steward health care . steward health care . retrieved september 25 2012 . a b c d e f liz kowalczyk september 17 2012 steward hires away top surgeon from mass . general the boston globe business section bostonglobe.com retrieved september 25 2012 1 http www.bostonglobe.com business 2014 12 26 quincy medical center closes its doors midnight tu9govwimj8n7s1qmz8gon story.html http weymouth.wickedlocal.com article 20150112 news 150119313 http www.bostonglobe.com business 2014 11 06 steward shut down quincy medical center largest massachusetts hospital closure decade bvl0qpstkwouqlmkq3ujii story.html http www.wcvb.com health steward to open satellite er at quincy medical center 30266462 http www.bostonglobe.com business 2015 01 14 coakley requires steward maintain quincy emergency room for one year ig9z474ukeas6wkq1qxqbn story.html http www.bizjournals.com boston blog health care 2015 01 steward will keep quincy medical centers er open.html see also edit partners healthcare further reading edit weisman robert august 12 2011 . unions hospitals face off . boston globe . v t e cerberus capital management banks bawag p.s.k. albertsons acme markets albertsons amigos carrs haggen jewel osco lucky market street pavilions randalls safeway shaw s and star market super saver tom thumb united supermarkets vons freedom group advanced armament corporation barnes bullets bushmaster firearms international dakota arms dpms panther arms h & r firearms marlin mountain khakis para usa parker gunmakers remington arms tapco yp holdings yp connecticut information services yp midwest publishing yp southeast advertising & publishing yp texas region yellow pages yp western directory yellowpages.com other blue bird corporation bluelinx holdings dyncorp hawaiian telcom silverleaf resorts spyglass entertainment steward health care system tower international retrieved from https en.wikipedia.org w index.php title steward health care system & oldid 743303927 categories hospital networks in the united stateshealthcare in bostoneconomy of bostoncerberus capital management companieshidden categories articles needing additional references from september 2012all articles needing additional referencesarticles containing potentially dated statements from 2012all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 01 33 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this 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