Business Wire·Sep 16, 2026, 4:10 PM ET

MPT Completes the Sale of Two Hospitals for $371 Million in Cash

Medical Properties Trust, Inc. sold the real estate of Idaho Falls Community Hospital and Mountain View Hospital to affiliates of Intermountain Health for $413 million.
The transaction yielded a gain of approximately $130 million over the properties' gross book value of $240 million.
The deal provided $371 million in cash proceeds to the Company, with $42 million distributed to minority real estate owners.
Third-quarter asset sale proceeds totaled approximately $680 million, including this sale, an Infracore IPO, and the sale of five Utah hospitals.
The Company expects to use the majority of the sale proceeds to reduce debt.
As of June 30, 2026, Medical Properties Trust owned 373 facilities with approximately 38,000 licensed beds across nine countries.