Medical Properties Trust, a REIT that focuses on hospital facilities and which claims to be the second largest owner of hospital beds in the U.S. at 46,000, announced a complex sale of three hospitals in Connecticut.
MPT purchased the Connecticut hospitals for approximately $457 million. That's the amount that Prospect Medical Holdings will pay for the trio of hospitals. Prospect currently has 18,000 employees at 16 hospitals with 11,000 affiliated physicians and 600,000 members.
And then Yale New Haven Health will buy the hospital operations from Prospect.
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