Medical Properties Trust Completes Sale of 2 Idaho Hospitals
MT newswire2026/09/16 20:49Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:49 PM EDT, 09/16/2026 (MT Newswires) -- Medical Properties Trust (MPT) completed the sale of two Idaho hospital properties to affiliates of Intermountain Health for $413 million. The company said Wednesday it received $371 million in cash proceeds for Idaho Falls Community Hospital and Mountain View Hospital with $42 million distributed to minority real-estate owners. The sale represents a gain of about $130 million over the hospitals' gross book value, Medical Properties Trust said. The company expects to use a majority of the proceeds to reduce debt. Medical Properties Trust shares rose 2.1% in after-hours trading.
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