Medical Properties Trust Provides Update on Monroe Hospital
<0> Medical Properties Trust, Inc.Charles Lambert, 205-397-8897Managing Director – Capital Markets </0>
Medical Properties Trust, Inc. (the “Company”) (NYSE: MPW) today announced that Monroe Hospital has updated its clinical affiliation with St. Vincent Health to continue building and developing state-of-the-art cardiology and orthopedic services. The hospital has hired Joseph Roche, a former St. Vincent Health Regional Hospital President, to serve as the CEO of Monroe Hospital.
Roche, a 30-year hospital industry veteran, served as the Regional Critical Access Hospital President of the Southern Region for St. Vincent Health and led the system’s integration efforts with Monroe Hospital since 2012. Under Roche’s leadership, Monroe Hospital formed partnerships with the St. Vincent Medical Group and the St. Vincent Heart Center of Indiana.
Monroe Hospital has ended its formal management agreement with St. Vincent Health, but will continue to be clinically affiliated with St. Vincent Health to serve the residents of Bloomington, Indiana and the surrounding area. On the leading edge of technology, Monroe Hospital is a general acute care hospital committed to providing superior healthcare.
Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. These facilities include inpatient rehabilitation hospitals, long-term acute care hospitals, regional acute care hospitals, ambulatory surgery centers and other single-discipline healthcare facilities. For more information, please visit the Company’s website at .