“Providing exceptional, community-based care is at the heart of what we do at Steward, and we are excited to welcome Abrazo Mesa Hospital and its excellent staff into our world class, physician-led health care system. Located just minutes from Steward’s Mountain Vista Medical Center (MVMC), the facility will also improve patient outcomes by seamlessly coordinating higher-level care at MVMC as needed. Offering 24/7 emergency services, the hospital provides additional access to patient care and short ER wait times, and will help bring Steward’s high-quality, community-based care to even more patients in the East Valley. The facility will now be named Steward Mesa Hospital and will be Steward’s fifth facility in Arizona. Mesa, AZ – Steward Health Care, the nation’s largest physician-led health care network, announced today that it has acquired Abrazo Mesa Hospital, an 8-bed micro-hospital located at 5750 East Baseline Road in Mesa, AZ. There can be no assurances that any of these professionals will remain with the Firm.Synergy Between Abrazo Mesa Hospital and Mountain Vista Medical Center will Allow More East Valley Residents to Receive Medical Care Right Where They Live HR data as of August 1, 2022, unless noted otherwise. Outstanding leverage excludes subscription facilities. For commitment funds with fund level leverage, AUM during the funds' investment period is calculated based on equity commitments plus outstanding leverage and in the post-investment period based on NAV plus outstanding leverage. The AUM of each multi-strategy fund is assigned across the relevant strategies in proportion to the percent of market value of the investments in the various strategies. For unlevered commitment funds in their investment period, AUM represents equity commitments, and during those funds' post-investment period AUM represents, either adjusted cost or NAV, depending on the fund. The AUM referenced represents the total Cerberus Funds AUM, excluding co-investments, but, depending on the type of fund, the AUM calculation would vary. Assets Under Management ("AUM") is as of September 30, 2022. Additional information is available at Related Links: Elizabeth’s Medical Center in Brighton, Carney Hospital in Dorchester, Good Samaritan Medical Center in Brockton, Nashoba Valley Medical Center in Ayer, Holy Family Hospital in Haverhill and Methuen, Morton Hospital in Taunton, and New England Sinai Hospital in Stoughton. Steward’s Hospital Group includes Norwood Hospital, Saint Anne’s Hospital in Fall River, St. Steward Health Care Network, a fully integrated care management company, has 3,000 physicians, with approximately 4 million patient encounters per year and affiliates or joint ventures with approximately 30 urgent care centers. Steward Medical Group provides approximately 1 million patient encounters per year at 152 sites and manages homecare and hospice with 300,000 and 35,000 encounters respectively. Steward is comprised of Steward Medical Group, Steward Health Care Network, and Steward Hospital Group. Headquartered in Boston, Steward is one of the five largest employers in Massachusetts with more than 17,000 employees in more than 150 communities. Steward Health Care is the largest fully integrated health care services organization and community hospital network in New England. Steward accomplished this by investing more than $800 million in health care infrastructure, physicians, technology, and facilities all while raising quality standards for patients. Over the past seven years, Steward created a physician-led delivery system providing high-quality local health care to residents in Massachusetts communities. Founded in Q4 2010, Steward acquired several Massachusetts hospitals from the Caritas Christi Health System. Under its Accountable Care Organization (ACO) model, Steward has emphasized integrated care, proving its ability to keep patients healthier and reduce hospitalizations for acute care, which keeps overall costs down and improves outcomes. “We look forward to bringing our integrated care model to communities in Ohio, Pennsylvania, and Florida,” said Ralph de la Torre, MD, Chairman and CEO of Steward Health Care. Sebastian River Medical Center in Sebastian.Hillside Rehabilitation Hospital in Warren. The hospitals involved in the transaction are: The transaction is expected to close in the second quarter of 2017, subject to customary regulatory approvals and closing conditions. 16, 2017 - Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”).
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