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Hit by Steward turmoil, Medical Properties misses consensus with Q3 earnings
Medical Properties Trust (NYSE:MPW) stock sank 7.4% in Thursday premarket trading after the hospital REIT's Q3 earnings continued to reflect its largest tenant's financial woes and removal from its MPT's portfolio.
Medical Properties Trust cuts Steward from portfolio, hits $801M net loss in Q3
Medical Properties Trust, one of the world's largest hospital real estate owners posted a net loss of $801 million in the third quarter of 2024 ended Sept. 30.
Medical Properties: Q3 Earnings Snapshot
Medical Properties Trust Inc. (MPW) on Thursday reported a key measure of profitability in its third quarter. The results did not meet Wall Street expectations. The Birmingham, Alabama-based real estate investment trust said it had funds from operations of $93.
Medical Properties Trust Q3 Earnings Summary
Below are the earnings highlights for Medical Properties Trust (MPW): Earnings: -$801.16 million in Q3 vs. $116.71 million in the
Medical Properties Q3 earnings, hit by Steward turmoil, miss consensus
Medical Properties Trust (NYSE:MPW) stock sank 7.4% in Thursday premarket trading after the hospital REIT's Q3 earnings continued to reflect its largest tenant's financial woes and removal from its MPT's portfolio.
Worcester Telegram on MSN
8d
Looking back at Steward's collapse: Are more hospital failures still to come?
BOSTON ― State health care leaders and experts agreed at a symposium Wednesday that the Steward Health Care crisis was a ...
Dorchester Reporter
2d
Fallout from Steward Bankruptcy (cont.) Norwood Hospital bills on ice as license expires
Two lawmakers looking to preserve the vestiges of Steward Health Care’s network in Norwood and Foxborough filed proposals nearly a month ago to keep outpatient clinics open as they also seek to revive ...
WBUR
9d
Sale of Steward's doctors network is finalized, new owners rebrand as Revere Medical
The sale of Steward Health Care's physician network to the Rural Healthcare Group has been finalized. Stewardship Health was ...
Modern Healthcare
9d
Stewardship Health sold to PE-backed physician group
The Massachusetts Health Policy Commission does not expect the Stewardship sale to increase spending or decrease care quality ...
The Herald
10d
Meadville Medical working to keep Steward doctors' offices open
Meadville Medical Center is working to reach a deal with Steward Health Care to avoid the possible closure of primary care ...
Becker's Hospital Review
3d
Former Steward hospital misses payroll for some workers
St. Joseph Medical Center employees report missing or incorrect paychecks after management transition. Healthcare systems working to resolve issue.
9d
Steward completes sale of doctors network — its last vestige in Mass.
The sale of the Stewardship Health doctors group — the last piece of Steward Health Care’s once extensive holdings in ...
WWLP Springfield on MSN
8d
Industry leaders assess post-Steward Health Care landscape
At an event held by MASSterList and the State House News Service, Massachusetts Health & Hospital Association President and ...
Opinion
1d
Opinion
Commentary: Home health providers can alleviate our hospital capacity crisis. But they need help.
CMS recently proposed a 4% cut to its Medicare payment rate for home health services in 2025. But chipping away at home ...
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