Update: Medical Properties Trust Shares Rise After Sale of 2 Idaho Hospitals Closes

03:03 PM EDT, 09/17/2026 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph.) Medical Properties Trust (MPT) shares rose 7.8% in Thursday trading, a day after the company completed the sale of two Idaho hospital properties to affiliates of Intermountain Health for $413 million. The company said it received $371 million in cash proceeds for Idaho Falls Community Hospital and Mountain View Hospital with $42 million distributed to minority real-estate owners. The sale represents a gain of about $130 million over the hospitals' gross book value, Medical Properties Trust said. The company expects to use a majority of the proceeds to reduce debt. Price: 3.66, Change: +0.27, Percent Change: +7.82