Medical Properties Trust Recognized as One of Modern Healthcare’s Best Places to Work in Healthcare for Third Consecutive Year
05 Octubre 2023 - 8:00AM
Business Wire
Achieves Top 25 Ranking Among Healthcare
Suppliers; #6 Ranking in Medium Sized Employer Category
Posts Video to Corporate Website
Highlighting Key Elements of its Business Model
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE:
MPW) today announced that it has again been named one of Modern
Healthcare’s Best Places to Work in Healthcare in 2023, a
prestigious award program that recognizes outstanding employers in
the healthcare industry nationwide. MPT earned a Top 25 ranking
among healthcare suppliers and was ranked #6 in the medium sized
employer category for companies with between 100 to 999 U.S.
employees.
“We are honored to again be selected by Modern Healthcare as one
of the best places to work in the healthcare industry,” said Edward
K. Aldag, Jr., MPT’s Chairman, President, and CEO. “As a leading
owner of hospital real estate, our team is passionate about
healthcare and committed to partnering with operators to provide
essential community infrastructure. This ranking is a testimony to
our outstanding corporate culture and the promising career growth
opportunities we provide for our employees.”
Modern Healthcare partnered with Workforce Research Group in the
assessment process, which included an extensive employee survey
that had a participation rate in the 90% range at MPT for the third
straight year.
Additionally, the Company has posted a video Providing
Capital to Vital Community Infrastructure to its corporate
website, providing an overview of its business model, capital
resources, and the vital role MPT plays in safeguarding the future
of healthcare facilities.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate
investment trust formed in 2003 to acquire and develop net-leased
hospital facilities. From its inception in Birmingham, Alabama, the
Company has grown to become one of the world’s largest owners of
hospital real estate with 444 facilities and approximately 44,000
licensed beds in ten countries and across four continents. MPT’s
financing model facilitates acquisitions and recapitalizations and
allows operators of hospitals to unlock the value of their real
estate assets to fund facility improvements, technology upgrades
and other investments in operations. For more information, please
visit the Company’s website at
www.medicalpropertiestrust.com.
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements can generally be identified by
the use of forward-looking words such as “may”, “will”, “would”,
“could”, “expect”, “intend”, “plan”, “estimate”, “target”,
“anticipate”, “believe”, “objectives”, “outlook”, “guidance” or
other similar words, and include statements regarding our
strategies, objectives, future expansion and development
activities, asset sales, expected returns on investments and
expected financial performance. Forward-looking statements involve
known and unknown risks and uncertainties that may cause our actual
results or future events to differ materially from those expressed
in or underlying such forward-looking statements, including, but
not limited to: (i) the economic, political and social impact of,
and uncertainty relating to, potential impact from health crises
(like COVID-19); (ii) the ability of our tenants, operators and
borrowers to satisfy their obligations under their respective
contractual arrangements with us, especially as a result of the
adverse economic impact of the COVID-19 pandemic, and government
regulation of hospitals and healthcare providers in connection with
same (as further detailed in our Current Report on Form 8-K filed
with the SEC on April 8, 2020); (iii) our expectations regarding
annual guidance for net income and NFFO per share; (iv) our success
in implementing our business strategy and our ability to identify,
underwrite, finance, consummate and integrate acquisitions and
investments; (v) the nature and extent of our current and future
competition; (vi) macroeconomic conditions, such as a disruption of
or lack of access to the capital markets or movements in currency
exchange rates; (vii) our ability to obtain debt financing on
attractive terms or at all, which may adversely impact our ability
to pursue acquisition and development opportunities and pay down,
refinance, restructure or extend our indebtedness as it becomes
due; (viii) increases in our borrowing costs as a result of changes
in interest rates and other factors; (ix) international, national
and local economic, real estate and other market conditions, which
may negatively impact, among other things, the financial condition
of our tenants, lenders and institutions that hold our cash
balances, and may expose us to increased risks of default by these
parties; (x) factors affecting the real estate industry generally
or the healthcare real estate industry in particular; (xi) our
ability to maintain our status as a REIT for federal and state
income tax purposes; (xii) federal and state healthcare and other
regulatory requirements, as well as those in the foreign
jurisdictions where we own properties; (xiii) the value of our real
estate assets, which may limit our ability to dispose of assets at
attractive prices or obtain or maintain equity or debt financing
secured by our properties or on an unsecured basis; (xiv) the
ability of our tenants and operators to operate profitably and
generate positive cash flow, comply with applicable laws, rules and
regulations in the operation of our properties, to deliver
high-quality services, to attract and retain qualified personnel
and to attract patients; (xv) potential environmental contingencies
and other liabilities; (xvi) the risk that the expected sale of
three Connecticut hospitals currently leased to Prospect does not
occur; (xvii) the risk that MPT’s expected sale of its remaining
Australian portfolio does not occur; (xviii) the risk that MPT is
unable to monetize its investment in PHP at full value within a
reasonable time period or at all; (xix) the risk that other
property sales, loan repayments, and other capital recycling
transactions do not occur; (xx) the risk that MPT is not able to
attain its leverage, liquidity and cost of capital objectives
within a reasonable time period or at all; and (xxi) the risks and
uncertainties of litigation.
The risks described above are not exhaustive and additional
factors could adversely affect our business and financial
performance, including the risk factors discussed under the section
captioned “Risk Factors” in our Annual Report on Form 10-K for the
year ended December 31, 2022 and as updated in our quarterly
reports on Form 10-Q. Forward-looking statements are inherently
uncertain and actual performance or outcomes may vary materially
from any forward-looking statements and the assumptions on which
those statements are based. Readers are cautioned to not place
undue reliance on forward-looking statements as predictions of
future events. We disclaim any responsibility to update such
forward-looking statements, which speak only as of the date on
which they were made.
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version on businesswire.com: https://www.businesswire.com/news/home/20231004974223/en/
Drew Babin, CFA, CMA Senior Managing Director of Corporate
Communications Medical Properties Trust, Inc. (646) 884-9809
dbabin@medicalpropertiestrust.com
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