Medical Properties Resumes Control of its Real Estate From Steward

Medical Properties Trust, Inc. (MPW) — also known as MPT — recently announced that it reached an agreement with Steward Health Care System, its secured lenders and the Unsecured Creditors Committee. This agreement reinstates MPT's control over its real estate and terminates its relationship with Steward. It also enables the immediate transition of operations at 15 hospitals in the country. The settlement agreement comprises 23 hospitals that were formerly operated by Steward. The company has also collaborat ...