Becker's Healthcare September 23, 2021
It has been a busy and successful two months of deal-making for Steward Health Care, a physician-owned hospital system based in Dallas.
In the most recent deal, announced this week, Steward will sell the operations of five hospitals in Utah to Nashville, Tenn.-based HCA Healthcare. In the last few months, Steward also has seen success with entering into sale-leaseback transactions with real estate investor Medical Properties Trust.
Becker’s caught up with Sanjay Shetty, MD, president of Steward North America, to discuss how the funds from its most recent deal with HCA will be used and the strategy behind its partnership with Medical Properties Trust.
Proceeds from the deal
Steward plans to use the proceeds from the HCA deal...