Medical Properties Trust to Invest $950 Million in Behavioral Health Platform

Medical Properties Trust to Invest $950 Million in Behavioral Health Platform

BIRMINGHAM, Al.–(BUSINESS WIRE)–Jun. 15, 2021— Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into definitive agreements to acquire 18 inpatient behavioral health hospital facilities and an interest in the operations of Springstone, LLC (“Springstone”) from Welsh, Carson, Anderson & Stowe (“WCAS”) for total consideration of $950 million. Springstone, based in Louisville, Kentucky, is a leading provider of behavioral health services in the United States distinguished by its purpose-built, inpatient facilities in carefully selected markets and care delivery across the full behavioral care acuity spectrum. 

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