Circle Health

Medical Properties Trust, Inc. Reports Fourth Quarter and Full-Year Results

Retrieved on: 
Wednesday, February 21, 2024
Health, Hospitals, Commercial Building & Real Estate, Construction & Property, General Health, REIT, MPT, Hospital, Running, Circle Health, Investment, MPW, Steward Health Care System, International joint venture, Table, Growth, Bed, Sale, Exercise, Disclosure, Tenant, Medi-Cal, Patient, St. Francis, Priory Group, NFFO, Medical Properties Trust, Commercial property

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent to quarter end.

Key Points: 
  • Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent to quarter end.
  • Medical Properties Trust has total assets of approximately $18.3 billion, including $12.0 billion of general acute facilities, $2.6 billion of behavioral health facilities and $1.7 billion of post-acute facilities.
  • Net loss for the quarter ended December 31, 2023 included several non-recurring write-offs and impairments detailed in the tables below.
  • These adjustments as they relate to fourth quarter and full-year 2023, as well as prior-year reporting, are included in this release and in the earnings supplemental.

Medical Properties Trust, Inc. Confirms Long-Term Strength, Stability and Performance of Business Model in Third Quarter Results

Retrieved on: 
Thursday, October 26, 2023
REIT, Hospitals, Health, Commercial Building & Real Estate, Construction & Property, Centene Corporation, PHP, SMN, United Kingdom, NYSE, Health care, International, Government, Regulation, MPT, Telephone, Disclosure, GAAP, Acquisition, Sold, Tenant, Priory, Circle Health, Genolier Swiss Medical Network SA, Growth, Medical Properties Trust, NFFO, Webcast, Regulation Fair Disclosure, Hospital, MPW, Running, Collection, Investment, Hyundai Doosan Infracore, Bed, Calendar, EBITDAR, CHF, Life insurance, Commercial property, Lease, Bank, Cryptocurrency

“Our business model remains strong and stable,” said Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer.

Key Points: 
  • “Our business model remains strong and stable,” said Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer.
  • As of September 30, 2023, MPT’s portfolio included 441 properties and approximately 44,000 licensed beds.
  • During the third quarter, Centene Corporation agreed to sell Circle Health (“Circle”) ($2 billion) to PureHealth at a value of roughly $1.2 billion.
  • Call participants are to ask the operator to be joined to the Medical Properties Trust, Inc. conference call upon dialing in.

Healthcare M&A Volume Falls in Q3:23, According to Acquisition Data from LevinPro HC

Retrieved on: 
Thursday, October 12, 2023
Hospital, Antibody, Acquisition, Health care, Research, Intelligence, United Kingdom, Centene Corporation, HC, EHealth, Biogen, Reata Pharmaceuticals, Danaher Corporation, Galena Biopharma, Circle Health, Eli Lilly, Medical device, Hospice, Abcam, Real estate investment trust, Bed, Patient, Housing, Retail, Pharmaceutical industry, Circle

NEW CANAAN, Conn., Oct. 12, 2023 /PRNewswire-PRWeb/ -- Health care merger and acquisition activity declined in the third quarter of 2023, dropping to 497 deals, according to new acquisition data from LevinPro HC. Activity in the third quarter was 16% lower than in the second quarter, when 598 transactions were announced. Compared with the third quarter of 2022, activity fell 19% in the third quarter of 2023.

Key Points: 
  • Health care merger and acquisition activity declined in the third quarter of 2023, dropping to 497 deals, according to new acquisition data from LevinPro HC.
  • NEW CANAAN, Conn., Oct. 12, 2023 /PRNewswire-PRWeb/ -- Health care merger and acquisition activity declined in the third quarter of 2023, dropping to 497 deals, according to new acquisition data from LevinPro HC.
  • "It seems like the macro headwinds have finally caught up to the healthcare M&A market," said Dylan Sammut, Editor of Health Care at Irving Levin Associates, which publishes M&A data on its LevinPro HC platform.
  • The company publishes research reports and newsletters and maintains databases on the healthcare and senior housing M&A markets.

Circle Graphics, an H.I.G. Capital Portfolio Company, Completes Acquisition of Canvaspop

Retrieved on: 
Tuesday, July 13, 2021
Other Retail, Banking, Office Products, Online Retail, Technology, Professional services, Specialty, Photography, Retail, Home Goods, Finance, Circle Health, Canvaspop, Circle Graphics, H.I.G. Capital, CANVASPOP, CIRCLE GRAPHICS, H.I.G. CAPITAL

"), a leading global alternative investment firm with $44 billion of equity capital under management, announced today that its portfolio company, Circle Graphics (Circle), has acquired Workshop X, Inc. dba Canvaspop (Canvaspop or the Company).

Key Points: 
  • "), a leading global alternative investment firm with $44 billion of equity capital under management, announced today that its portfolio company, Circle Graphics (Circle), has acquired Workshop X, Inc. dba Canvaspop (Canvaspop or the Company).
  • Canvaspop focuses on delivering the best online buying experience, world-class customer support and the highest quality products.
  • We are thrilled to announce the continued expansion of the Circle portfolio with the acquisition of Canvaspop today, said Andrew Cousin, Chief Executive Officer of Circle Graphics.
  • We are pleased to support Circles acquisition of Canvaspop, said Ryan Kaplan, Managing Director of H.I.G.