Steward to sell physician group to private equity firm for $245M (Healthcare Dive)

Steward Health Care is selling its physician group to a private equity firm managed by Stewardship, backed by Kinderhook Industries. The move aligns with Steward’s strategy to focus on its core hospital business, while Stewardship will manage the physician group. This sale is part of a broader trend of private equity firms increasing their investments in healthcare, particularly in physician groups, as they seek to capitalize on the growing demand for healthcare services.