Lexology April 19, 2024
Hall Render Killian Heath & Lyman PC

  1. Medical Properties Trust has sold its interests in ten hospitals for approximately $1.1 billion. Five of the hospitals are located in Utah and leased to an affiliate of CommonSpirit. They were sold to a joint venture. The remaining five hospitals are located in California and New Jersey. They were sold to Prime Healthcare.
  2. The hottest job markets in 2023, according to the Wall Street Journal and Moody’s Analytics, were 1) Salt Lake City; 2) Jacksonville; 3) Orlando; 4) Tampa; and 5) Oklahoma City. The rankings were based on employment rate, labor force participation, changes in employment levels, size of the labor force and wages.
  3. Hospital M&A activity was up in the first quarter of 2024 according to a new...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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