LifePoint set to acquire majority stake in US Behavioral Partners

LifePoint Health, a subsidiary of investment firm Medical Properties Trust, inked a deal to acquire a majority of Springstone Health, a nationwide behavioral health company valued at $250 million. 

Medical Properties Trust will own and lease Springstone's mental health hospitals and extend Springstone's master lease of eight general acute hospitals by five years, according to an Aug. 29 news release from the investment company.

 

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