Becker's Healthcare January 2, 2025
Tenor Health Partners, a hospital turnaround company, and Medical Properties Trust have reached an agreement in principle over Dallas-based Steward Health Care’s Sharon (Pa.) Regional Medical Center, which is set to close Jan. 6, WKBN reported Dec. 31.
Medical Properties Trust is one of the world’s largest hospital real estate owners and landlord to many of Steward’s 31 hospitals. In November, MPT shared plans to drop Steward, which sought Chapter 11 protection May 6, from its portfolio once the for-profit system had offloaded the remainder of its hospitals.
In a memo from Sharon Regional President Bob Rogalski, obtained by WKBN, he shared that Tenor Health...