Prime Healthcare Services, Inc. Successfully Completes Real Estate Purchase of Hospitals and Medical Office Buildings From Medical Properties Trust
Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center from Medical Properties Trust (MPT) for $350 million.
- Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center from Medical Properties Trust (MPT) for $350 million.
- Prime Healthcare is the largest physician-founded and led health system in the nation, recognized for award-winning care and forwarding health equity by transforming hospitals into valued community assets.
- The real estate purchase options for the four remaining facilities can be exercised by Prime at any time per its discretion with no prepayment penalty.
- Prime Healthcare Services now either owns and/or has a defined purchase option for all the real estate assets related to its 30 hospital locations.