Struggling Texas Vista Medical Center says University Health is more interested in...
over who has responsibility for keeping Texas Vista Medical Center afloat.
University Health also pointed to its $500 million deal with Texas A&M University-San Antonio to build a 256-bed hospital to serve the South Side. It could open by 2027.For now, Texas Vista is one of just two full-service hospitals in the southernmost part of San Antonio, which has long lacked access to healthcare.
University Health is charged with caring for the indigent but “this service has largely fallen on shoulders over the past few years,” Steward Health said. “We are disappointed that these two for-profit companies made the decision to identify University Health and Bexar County as somehow being responsible for their inability to successfully operate Texas Vista, and to imply that local taxpayers should bail them out,” University Health continued. “Statements included on their press release about University Health’s mission, strategic priorities, commitment to the underserved and finances are inaccurate.
In early 2022, Viceroy was one of several companies being investigated by the U.S. Department of Justice and Securities and Exchange Commission for their short selling activities. No charges had been filed.is about how real estate investment trusts are changing healthcare and includes a case study on Steward Health and Medical Properties Trust. It explores the relationship between the two parties and the troubling effects on hospitals’ finances and functions.
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