LifePoint Health Signs Agreement To Acquire Majority Ownership Interest In Springstone

LifePoint Health® and Springstone have entered into a definitive agreement for a subsidiary of LifePoint to acquire a majority ownership interest in the operating company of Springstone. Springstone is a leading behavioral health provider organizaiton with 18 behavioral health hospitals and 35 outpatient locations across nine states. As part of the transaction, Medical Properties Trust will continue to own a majority of Springstone’s real estate locations and retain its current minority stake in Springstone’s operating company.

Once the transaction is finalized, Springstone’s caregivers will join the LifePoint family, and consumers should experience no disruptions in care. The . . .