Priory Group

Medical Properties Trust, Inc. Reports Fourth Quarter and Full-Year Results

Retrieved on: 
Wednesday, February 21, 2024
Health, Hospitals, Commercial Building & Real Estate, Construction & Property, General Health, REIT, MPT, Hospital, Running, Circle Health, Investment, MPW, Steward Health Care System, International joint venture, Table, Growth, Bed, Sale, Exercise, Disclosure, Tenant, Medi-Cal, Patient, St. Francis, Priory Group, NFFO, Medical Properties Trust, Commercial property

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent to quarter end.

Key Points: 
  • Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent to quarter end.
  • Medical Properties Trust has total assets of approximately $18.3 billion, including $12.0 billion of general acute facilities, $2.6 billion of behavioral health facilities and $1.7 billion of post-acute facilities.
  • Net loss for the quarter ended December 31, 2023 included several non-recurring write-offs and impairments detailed in the tables below.
  • These adjustments as they relate to fourth quarter and full-year 2023, as well as prior-year reporting, are included in this release and in the earnings supplemental.

Medical Properties Trust, Inc. Reports First Quarter Results

Retrieved on: 
Thursday, April 27, 2023
REIT, Hospitals, Health, Commercial Building & Real Estate, Construction & Property, MPT, Macquarie Group, Defamation, Viceroy, Partnership, International, Regulation Fair Disclosure, Bed, Telephone, COVID-19, Calendar, Disclosure, Sale, NFFO, AUD, Hospital, Medical Properties Trust, Priory Group, Investment, Acquisition, MPW, Court, United Kingdom, Webcast, NYSE, Regulation, CommonSpirit Health, Life insurance, Bank, Commercial property, Springstone, Priory, Healthscope

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2023, as well as certain events occurring subsequent to quarter end.

Key Points: 
  • Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2023, as well as certain events occurring subsequent to quarter end.
  • The Company did not acquire any new hospital real estate during the first quarter and expects aggregate acquisitions during the entire first half of 2023 of approximately $150 million.
  • The properties are leased to or mortgaged by 54 hospital operating companies.
  • Call participants are to ask the operator to be joined to the Medical Properties Trust, Inc. conference call upon dialing in.

Medical Properties Trust Announces Agreement for LifePoint Health to Acquire Majority Interest in Springstone

Retrieved on: 
Monday, August 29, 2022
REIT, Hospitals, Health, Commercial Building & Real Estate, Construction & Property, COVID-19, Movement, Technology, Bed, NYSE, Bradley, Securities Exchange Act of 1934, XV, Securities Act of 1933, Government, Xi, Nature, Risk, Health, LifePoint Health, Forward-looking statement, SEC, 100,000, REIT, Investment, Hospital, MPW, Priory Group, MPT, Guggenheim Partners, Company, NFFO, Medical Properties Trust, LLC, Annual report, Acquisition, Industry, Vii, Patient, Income, Bank, Capella, Springstone

Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced that a subsidiary of LifePoint Health, Inc. (LifePoint) has agreed to acquire a majority interest in Springstone Health Opco, LLC (Springstone) from the current management group based on an enterprise value of $250 million.

Key Points: 
  • Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced that a subsidiary of LifePoint Health, Inc. (LifePoint) has agreed to acquire a majority interest in Springstone Health Opco, LLC (Springstone) from the current management group based on an enterprise value of $250 million.
  • It has again been demonstrated that:
    MPT can competently and confidently execute WholeCo transactions in the interest of acquiring hospital real estate.
  • This competitive advantage has often allowed MPT to acquire mission-critical infrastructure within platforms other investors are challenged to underwrite.
  • Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.

Acadia Healthcare Announces Definitive Agreement to Sell U.K. Operations

Retrieved on: 
Wednesday, December 30, 2020
Hospitals, General Health, Health, Mental health, Private providers of NHS services, Acadia Healthcare, Priory Group, Acadia, Waterland

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (Acadia or the Company) today announced that it has entered into a definitive agreement to sell its U.K. operations to Waterland Private Equity (Waterland) for a purchase price of approximately 1,078 million.

Key Points: 
  • Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (Acadia or the Company) today announced that it has entered into a definitive agreement to sell its U.K. operations to Waterland Private Equity (Waterland) for a purchase price of approximately 1,078 million.
  • The transaction includes the sale of the entirety of Acadias U.K. business operations, which are operated under the name of The Priory Group (the Priory Business).
  • Commenting on the announcement, Debbie Osteen, Chief Executive Officer of Acadia, stated, We are pleased to announce that we have entered into a definitive agreement to sell the Priory Business to Waterland.
  • As of September 30, 2020, Acadia operated a network of 582 behavioral healthcare facilities with approximately 18,300 beds in 40 states, the United Kingdom and Puerto Rico.