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Ernst became president of Steward Health Care months after his contract as CEO of Vitals was ended.
Evidence presented in court relating to the hospitals’ concessions to Vitals Global Healthcare, later transferred to Steward Health Care, is a prime example of bad governance, said Cacopardo.
Source: https://timesofmalta.com/articles/view/adpd-unregulated-publicprivate-partnerships-magnet.1017390
The market has entirely lost confidence in the credit quality of MPW's largest tenants; Steward Health Care and Prospect Medical Holdings.