North Shore Medical Center (Miami) is a teaching hospital and a comprehensive stroke center in Miami, Florida . The hospital has more than 400 medical staff and over 700 employees. The hospital serves over 80,000 patients annually.
10-596: North Shore Medical Center may refer to: North Shore Medical Center (Miami) , a hospital in Miami , Florida Salem Hospital (Massachusetts) , formerly "North Shore Medical Center" North Shore University Hospital , a NorthShore University HealthSystem hospital in Manhasset, New York Royal North Shore Hospital , a hospital in New South Wales Topics referred to by
20-496: A cardiac cath lab, a comprehensive breast institute and a cancer center equipped with EDGE radiosurgery technology. As a comprehensive stroke center, the hospital also treats patients with severe acute ischemic strokes using an advanced surgical approach. Owned by Dallas-based Tenet Healthcare , it began to operate in 1953. In December 2020, Tenet sold North Shore Medical Center to Steward Health Care . On May 5, 2024, The Wall Street Journal reported that Steward Health Care
30-546: Is currently owned by Medical Properties Trust and operated by Healthcare Systems of America, which took control from Steward Health Care on an interim basis to keep the hospital open amid Steward's bankruptcy. North Shore Medical Center has 357 beds dedicated to emergency care, stroke care, cardiovascular care, orthopedics , bariatric surgery , diagnostic imaging, elderly care, general surgery, neurology , blood conservation, obstetrics , pain management, physical therapy, psychology, sleep study and wound care services. It has
40-568: Is different from Wikidata All article disambiguation pages All disambiguation pages North Shore Medical Center (Miami) North Shore Medical Center is Florida's first Joint Commission (JCAHO)-accredited chest pain center as well as the first thrombectomy -capable stroke center in Miami Dade. The hospital is also fully accredited by the JCAHO, the nation's oldest and largest hospital accreditation agency. North Shore Medical Center
50-527: The US or CCAA in Canada ). Usually, this debt is considered senior to all other debt , equity , and any other securities issued by a company — violating any absolute priority rule by placing the new financing ahead of a company's existing debts for payment. DIP financing may be used to keep a business operating until it can be sold as a going concern , if this is likely to provide a greater return to creditors than
60-675: The firm's closure and a liquidation of assets. It may also give a troubled company a new start, albeit under strict conditions. In this case, "debtor in possession" financing refers to debt incurred while in bankruptcy, and "exit financing" is debt incurred upon emerging from reorganisation under bankruptcy law. Two notable examples are the government financing of Chrysler and General Motors during their respective 2009 bankruptcies. The willingness of governments to allow lenders to place debtor-in-possession financing claims ahead of an insolvent company's existing debt varies; US bankruptcy law expressly allows this while French law had long treated
70-582: The proceedings. In its press release, Steward stated it was finalizing terms of a $ 75 million in new debtor-in-possession financing from MPT, with the possibility for $ 225 million more if it meets certain unspecified conditions set by MPT. The company's filing papers list that more than 30 of its creditors owe about $ 500 million, and the U.S. government is owed $ 32 million to the federal government in "reimbursements for insurance overpayments". North Shore Medical Center received America's 100 Best Hospitals for Prostate Surgery Award in 2020 from Healthgrades . It
80-449: The same term [REDACTED] This disambiguation page lists articles associated with the title North Shore Medical Center . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=North_Shore_Medical_Center&oldid=1256815566 " Category : Disambiguation pages Hidden categories: Short description
90-503: Was also recognized as a high-performing hospital in the U.S. News & World Report 2019–2020 ratings for Chronic Obstructive Pulmonary Disease and Heart Failure Care. Other honors of North Shore Medical Center include: Debtor-in-possession financing Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress , typically during restructuring under corporate bankruptcy law (such as Chapter 11 bankruptcy in
100-486: Was expected to file for Chapter 11 bankruptcy protection within the coming days, blaming rising costs, insufficient revenue and cash crunches as part of the decision. Steward's bankruptcy is set to be one of the largest hospital bankruptcies in U.S. history, and the largest one in decades. The next day, Steward announced that it had indeed filed voluntarily for Chapter 11 bankruptcy protection. The company stressed that its hospitals and medical offices would remain open during
#119880