Medical Properties Trust, Inc. bridges the gap between the growing demand for high-quality healthcare and the ability to deliver it cost-effectively. Specializing in acute care, community and rehabilitation hospitals, this healthcare real estate investment trust (REIT) provides operators access to capital for facility improvements, technology upgrades, staff additions and new construction through long-term net leases of real estate assets. By reinvesting non-earning assets into operations, MPT clients are able to participate in the growth of the largest sector of the U.S. economy.
Medical Properties Trust, Inc. has invested $150 million in two general hospitals in Missouri operated by Prime Healthcare Services.
St. Joseph Medical Center in Kansas City is a Joint Commission accredited, 310-bed facility providing a wide range of acute care and outpatient services from a 24-hour emergency department to state-of-the-art cardiovascular care. This award-winning hospital features a heart institute and stroke center, a joint and spine institute, a women’s health institute with a birthing center, and an inpatient rehabilitation center.
St. Mary's Medical Center in Blue Springs is a Joint Commission accredited, 146-bed facility providing a similar array of services. Both St. Joseph’s and St. Mary’s rank among only 256 hospitals nationwide to be honored for implementing higher standards of care for heart attack patients.
Medical Properties Trust, Inc. has announced the acquisition of the real estate assets of CircleBath Hospital in Bath, England, for approximately $50 million.
This marks MPT's first acquisition in the United Kingdom, and its 12th in Europe. As MPT Chairman, President, and CEO Edward K Aldag, Jr. noted, "This is further proof of MPT's significant progress in executing our growth and diversification strategy."
MPT made its first investment in IASIS in 2008 with the acquisition of the real estate assets of Pioneer Valley Hospital in West Valley City, Utah. Three more IASIS hospitals became part of MPT's portfolio in September.