Prime Healthcare Acquires Nine Hospitals and Two Medical Office Buildings from Medical Properties Trust
September 12, 2022
Prime Healthcare Services, Inc. completed the repurchase of nine general acute care hospitals and two related medical office buildings from Medical Properties Trust, Inc. for approximately $360 million, giving Prime ownership of both operations and real estate for the majority of its hospitals. The transaction closed on or about September 1, 2022.
- Buyers
- Prime Healthcare Services, Inc.
- Targets
- Nine general acute care hospitals and two medical office buildings (assets of Medical Properties Trust, Inc.)
- Sellers
- Medical Properties Trust, Inc.
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Divestiture
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