We are a self-advised real estate investment trust (“REIT”) formed in 2003 to acquire and develop net-leased healthcare facilities. We currently have investments in 388 facilities and approximately 41,000 licensed beds in 34 states in the U.S., in six countries in Europe, and across Australia. We have operated as a REIT since April 6, 2004, and accordingly, elected REIT status upon the filing of our calendar year 2004 federal income tax return. Medical Properties Trust Inc. was incorporated under Maryland law on August 27, 2003, and MPT Operating Partnership, L.P. was formed under Delaware law on September 10, 2003. We conduct substantially all of our business through MPT Operating Partnership, L.P. We acquire and develop healthcare facilities and lease the facilities to healthcare operating companies under long-term net leases, which require the tenant to bear most of the costs associated with the property. We also make mortgage loans to healthcare operators collateralized by their real estate assets. In addition, we selectively make other loans to certain of our operators through our taxable REIT subsidiaries (“TRS”), the proceeds of which are typically used for acquisition and working capital purposes. Finally, from time to time, we acquire a profits or equity interest in our tenants that gives us a right to share in such tenants’ profits and losses. Our business model facilitates acquisitions and recapitalization, and allows operators of healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades, and other investments in operations.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Foreign Corporation • Medical Properties Trust, LLC • Mountain View-MPT Hospital, LLC • MPT of Altoona, LLC • MPT of Alvarado, LLC • MPT of Alvarado, L.P. • MPT of Alvin FCER, LLC • MPT Bath S.a.r.l. • MPT of Bayonne, LLC • MPT of Bennettsville, LLC ...
Latest filings (excl ownership)
8-K
Medical Properties Trust Provides Update on Steward Health Care
4 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Medical Properties Trust Announces Prospect Recapitalization Transactions
25 May 23
10-Q
2023 Q1
Quarterly report
10 May 23
10-K
2022 FY
Annual report
1 Mar 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Entry into a Material Definitive Agreement
6 Jul 22
10-Q
2022 Q1
Quarterly report
10 May 22
Latest ownership filings
No filings
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 345.89 mm | 345.89 mm | 345.89 mm | 345.89 mm | 345.89 mm | 345.89 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 12.67 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 75.77 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 270.11 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 21.3 | n/a | n/a |