Medical Properties Trust
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Medical Properties Trust
Medical Properties Trust, Inc., based in Birmingham, Alabama, is a real estate investment trust that invests in healthcare facilities subject to NNN leases. The company owns 438 properties in the United States, Australia, Colombia, Germany, Italy, Portugal, Spain, Switzerland, Finland, and the United Kingdom. The company owns equity interest in several healthcare providers. Current and past investments have included Steward Health Care, Capella Healthcare, Priory Group, and Ernest Health. History The company was founded on August 27, 2003. It went public on the New York Stock Exchange via an IPO on July 7, 2005. In 2005, the company acquired the Northern California Rehabilitation Hospital for $20.75 million and the Chino Valley Medical Center for $21 million. In 2012, the company acquired Ernest Health in a $400 million transaction. In March 2016, the company merged its investment in the operations of Capella Healthcare with RegionalCare. In October 2016, the company investe ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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CBS News
CBS News is the news division of the American television and radio service CBS. CBS News television programs include the ''CBS Evening News'', ''CBS Mornings'', news magazine programs '' CBS News Sunday Morning'', '' 60 Minutes'', and '' 48 Hours'', and Sunday morning political affairs program ''Face the Nation''. CBS News Radio produces hourly newscasts for hundreds of radio stations, and also oversees CBS News podcasts like '' The Takeout Podcast''. CBS News also operates a 24-hour digital news network. Up until April 2021, the president and senior executive producer of CBS News was Susan Zirinsky, who assumed the role on March 1, 2019. Zirinsky, the first female president of the network's news division, was announced as the choice to replace David Rhodes on January 6, 2019. The announcement came amid news that Rhodes would step down as president of CBS News "amid falling ratings and the fallout from revelations from an investigation into sexual misconduct allegations" ag ...
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Sale-and-leaseback
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the selle ...
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Circle Health
Circle Health Group is a private healthcare provider in the United Kingdom, co-founded in 2004 by former investment banker Ali Parsa and consultant ophthalmologist Massoud Fouladi. The company is currently led by former lastminute.com Finance Director Paolo Pieri. Circle began with independent hospitals near Bath and Reading, and now has hospitals in England, Wales and Scotland, together with two in China. Circle Health ran an independent sector treatment centre delivering dermatology services in Nottingham from 2008 until 2019, at which point the operation of dermatology services was returned to Nottingham University Hospitals NHS Trust. The operation of dermatology services during the period in which they were run by Circle Health was described as an "unmitigated disaster" in an independent report commissioned by the local clinical commissioning group which runs health services in the county. In November 2011, the company was awarded a contract to run Hinchingbrooke Hospit ...
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Ramsay Health Care
Ramsay Health Care Limited is an Australian multinational healthcare provider and hospital network, founded by Paul Ramsay in Sydney, Australia, in 1964. The company operates in Australia, Europe, the UK, and Asia, specialising in surgery, rehabilitation and psychiatric care. Ramsay Australia Ramsay Australia is the largest private provider of hospitals in Australia with more than 100 health facilities in operation. Hospitals and facilities run by Ramsay * New South Wales ** Albury Wodonga Private Hospital, West Albury ** Armidale Private Hospital, Armidale ** Ballina Day Surgery, Ballina ** Baringa Private Hospital, Coffs Harbour ** Berkeley Vale Private Hospital, Berkeley Vale ** Castlecrag Private Hospital, Castlecrag ** Coolenberg Day Surgery, Port Macquarie ** Dudley Private Hospital, Orange ** Figtree Private Hospital, Figtree ** Hunters Hill Private Hospital, Hunters Hill ** Kareena Private Hospital, Caringbah ** Kingsway Day Surgery, Miranda ** Lake Macquarie Pri ...
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The Birmingham News
''The Birmingham News'' is the principal newspaper for Birmingham, Alabama, United States. The paper is owned by Advance Publications and was a daily newspaper from its founding through September 30, 2012. After that day, the ''News'' and its two sister Alabama newspapers, the ''Press-Register'' in Mobile and ''The Huntsville Times'', moved to a thrice-weekly print-edition publication schedule (Sundays, Wednesdays and Fridays). In November 2022, Advance management announced that all three newspapers would cease publication of their print editions in 2023. History The ''Birmingham News'' was launched on March 14, 1888, by Rufus N. Rhodes as ''The Evening News'', a four-page paper with two reporters and $800 of operating capital. At the time, the city of Birmingham was only 17 years old, but was an already booming industrial city and a beacon of the "New South" still recovering from the aftermath of the American Civil War and Reconstruction. Newspapers joined with industrial tycoo ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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Steward Health Care System
Steward Health Care is the largest physician-owned private for-profit health care network in the United States and attends to 2.2 million people during more than twelve million physician and hospital visits annually. Headquartered in Dallas, Steward's integrated health care model employs 40,000 people at thirty-five hospitals and hundreds of urgent care, skilled nursing, and primary and specialty care medical practice locations across eleven states and the country of Malta. Steward Health Care is led by CEO Ralph de la Torre, a Cuban-American physician, engineer and cardiac surgeon. History Steward Health Care was started by Ralph de la Torre, when Caritas Christi Health Care system was sold to the private equity firm Cerberus Capital Management in 2010; after the transaction, Caritas was converted to a for-profit company and renamed Steward Health Care. In June 2020, Steward became the nation's largest physician-owned health care system, after Steward physicians acquired a 90 pe ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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Priory Group
The Priory Group is a provider of mental health care facilities in the United Kingdom. The group operates at more than 500 sites with over 7,000 beds. Its flagship hospital is the Priory Hospital, Roehampton, which is best known for treating celebrities particularly for drug addiction. The Priory Group also manages schools, some for students with autism spectrum disorders through Priory Education and Children’s Services. Some of its facilities are run by its subsidiary Partnerships in Care. In January 2019 it opened its first overseas school in partnership with the Abu Dhabi Department of Education and Knowledge. Ownership In 1980 the Priory Hospital in Roehampton was acquired by Community Psychiatric, an American healthcare company, and became the first clinic in what was to become the Priory Group. The Priory Group was the subject of a management buyout, funded by Mercury Asset Management and several banks, in 1994. In 2000 Westminster Healthcare Group (a company owned by ...
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