Steward Health Care Unveils $1.25B National Expansion Plan

30 Sep

Beckershospitalreview.com 26 Sept, 2016

Medical Properties Trust has signed a definitive agreement to acquire nine acute care hospitals operated by Boston-based Steward Health Care System for $1.2 billion. The transaction includes a $1.2 billion investment in hospital real estate and a $50 million equity investment in Steward Health Care System. Under terms of the deal, Steward will sell and lease back real estate for nine of the system’s acute care hospitals.

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