Steweard Health Care completes $2 million deal for out-of-state hospitals

Boston-based Steward Health Care System said Friday that it has completed the purchase of 18 hospitals outside of Massachusetts.

The big deal with IASIS Healthcare of Franklin, Tenn. makes Steward the largest private for-profit hospital operator in the country, the company said.


Steward had previously announced it was planning the deal. The $2 billion transaction was expected to close this month.

IASIS runs 18 hospitals in Utah, Arizona, Colorado, Texas, Arkansas, and Louisiana.

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Steward’s Massachusetts hospitals include Carney Hospital in Dorchester and St. Elizabeth’s Medical Center in Brighton.

(This story will be updated)

Priyanka Dayal McCluskey can be reached at Follow her on Twitter @priyanka_dayal.


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