Steward Health Care announces national plan, $1.25 billion investment

Steward Health Care has announced a national expansion plan, with a $1.25 billion investment from a real estate investment trust based in Alabama. The for-profit hospital chain calls for Steward to sell and lease back real estate for nine of the health care system's acute care hospitals for $1.2 billion to Medical Properties Trust. It also includes a $50 million equity investment in Steward, and another $100 million the hospital will use in infrastructure improvements for the health system's hospitals.