Becker's Healthcare July 25, 2024
Birmingham, Ala.-based Medical Properties Trust, one of the world’s largest healthcare real estate owners, has completed the $160 million sale of a hospital and seven freestanding emergency department facilities to San Francisco-based Dignity Health, part of Chicago-based CommonSpirit Health.
The sale comprises 50-bed Mesa, Ariz.-based Arizona General Hospital and seven freestanding EDs in the Phoenix area, according to a July 24 news release.
Medical Properties Trust funded the construction of the eight facilities for $92 million. The facilities were originally operated by Irving, Texas-based Adeptus Health.
Adeptus Health filed for Chapter 11 bankruptcy in 2017.
“Shortly...