Published 11 days ago

Paychecks delayed for Steward Health Care employees after bankruptcy filing

Summary by WCVB

The president of the company explained the reason for the delay and has assured employees that they will be paid.

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Boston Herald

‘Come to work:’ State reassures Steward hospital employees ‘glitch’ was fixed after paycheck delay

A bank error that delayed paychecks for employees at Steward Health Care-owned hospitals after the company declared bankruptcy has been resolved, state officials said on Thursday. “There was a glitch when it came to the banking,” said Gov. Maura Healey at an event Thursday. “That matter has been resolved by the bank. Employees, workers at Steward are getting paid, will continue to get paid. And our focus as an administration remains on protectin…

10 days ago·Boston, United States

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WCVB

Paychecks delayed for Steward Health Care employees after bankruptcy filing

The president of the company explained the reason for the delay and has assured employees that they will be paid.

11 days ago·Boston, United States

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NBC Boston

Payroll ruling launches Steward bankruptcy case

A judge ruled Tuesday that the bankrupt Steward Health Care system can meet Wednesday’s payroll for its roughly 9,750 employees in Massachusetts and more than 20,000 others around the country, an early ruling in a court proceeding in which Massachusetts is among hundreds of interested parties. The operator of the third-largest hospital system in Massachusetts, Steward filed for Chapter 11...

10 days ago·Boston, United States

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WPRI 12

Paychecks delayed for Steward employees, president cites bank ‘processing error’

FALL RIVER, Mass. (WPRI) — Steward Health Care employees are seeing a delay in their paychecks, the same week the company filed for bankruptcy. Steward owns Saint Anne's Hospital in Fall River and Morton Hospital in Taunton. According to an email sent to employees Thursday, paychecks were not deposited as scheduled because of a "processing error within the Bank of America system." The email from Steward Health Care President Mark Rich said Bank…

11 days ago·East Providence, United States

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Eagle-Tribune

Steward Health Care files for bankruptcy

METHUEN — Steward Health Care, a for-profit equity hospital network that operates Holy Family Hospital in Methuen and Haverhill and six others in the state, announced Monday it has filed

11 days ago

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