Steward Health secured a $150 million dollar loan to help keep its hospitals in operation.
But the company also mentioned it plans to sell of "non-core assets."
So what does that mean for Trumbull and Sharon Regional? 

Madeline Ashley is a writer for Becker Health care and has been following Steward's financial woes.

"A lot of this is up in the air. There are still a lot of questions that need to be answered," said Ashley

She says their reorganization plan is a step in the right direction but she's not sure if actual hospitals are what Steward means by being a "non-core asset."
Steward has referred to their doctors and staff as its primary asset in the past.

"There have been concerns over some of their hospitals particularly in Massachusetts. Around four of their hospitals that they might be willing to sell those off so I wouldn't really rule anything off the table, " added Ashley.

A Boston attorney who works with health care industry tells me a non-core asset could mean anything the company owns that doesn't directly involve patient care.

"A number of organizations have had power generation plants. These can be sold off to a variety of energy organizations and then they buy the energy back from them. Parking garages are another one of those. Medical office buildings," said attorney, Lawrence Vergalia of Foley & Larnder.

Other example would include urgent care facilities, nursing homes or lab services.

What could count against our local hospitals, however, is the fact that they don't generate a lot of profit for Steward. A patient's employer-based insurance pays out a lot more than Medicare or Medicaid and Trumbull and Sharon get a lot of those government payments.
We'll have to wait and see what Steward does with those facilities.