Steward Health Care System in Boston has failed to submit financial information to state officials on time for the second year in a row.
The Center for Health Information and Analysis, which collects financial data from hospitals and health systems in Massachusetts, fined Steward $37,000 for failing to submit the data on time, according to the Boston Globe. The health system hasn't submitted data for 2014 and 2015.
The system also was late filing its fiscal 2013 results, which were due in April 2014. Steward didn't file the results until March 2015.
The CHIA requests data like profits, revenue and losses to track financial performance as well as healthcare prices, spending and costs.
The data previously has shown a wide variation in performance among Steward's hospitals.
Steward spokesman Jeff Hall said in a statement that the health system has been in talks with the CHIA and is working toward submission. The 2014 and 2015 Steward financial statements have been previewed with a number of officials from the Center for Health Information and Analysis and will be submitted once those discussions conclude, he said.
"The current and ongoing dialogue with CHIA regarding details of those statements has been productive and continues in good faith including discussions as recently as (last) Friday,” he added.
The for-profit health system, which operates 10 hospital campuses, is the second-largest provider in New England.
