(CBS News) – The hospital where Rashid gave birth, St. Elizabeth’s, is one of dozens of hospitals across the U.S. acquired in the past 15 years by a company called Steward Health Care. With hundreds of millions of dollars in backing from private equity giant Cerberus, Steward started buying up Massachusetts hospitals in 2010 and now owns 33 hospitals across 8 states. 

The Dallas-based health care company has been one focus of a year-and-a-half-long CBS News investigation revealing how private equity investors have siphoned hundreds of millions of dollars from community hospitals with devastating public health consequences. (Read More)