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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.
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15m
Opinion/Guest column: Steward Health Care debacle replay from '80s
Longtime observers of the Massachusetts hospital industry may be forgiven if they look at the current
Steward
Health
...
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 ...
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 ...
Becker's Hospital Review
4d
The ongoing Steward financial saga: 68 things to know
Over the last few months, Dallas-based
Steward
Health
Care
has been subject to increased scrutiny regarding the
health
system's troubled finances and the status of its more than 30 hospitals ...
6d
Ticker: Nvidia replaces Intel on the Dow index; Former Steward doctor’s group renamed
It added that because the Dow is price-weighted, “persistently lower priced stocks have a minimal impact.” The sale of ...
WWLP Springfield on MSN
9d
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 ...
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 ...
Opinion
2d
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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