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Medical Properties Trust, Inc. 

The law firm of Kirby McInerney LLP is investigating potential claims against Medical Properties Trust, Inc. (“Medical Properties” or the “Company”) (NYSE: MPW). The investigation concerns whether Medical Properties and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
Medical Properties is a self-advised real estate investment trust formed to acquire and develop net-leased healthcare facilities.
On February 23, 2023, Medical Properties Trust announced its fourth quarter and full year 2022 results. The Company disclosed an impairment of about $171 million on four properties leased to Prospect Medical Holdings and announced a plan to write off about $112 million in unbilled rent from the same client. Research reports have raised concerns about the viability of several of the Company’s large clients including Prospect Medical Holdings. On this news, the price of Medical Properties shares declined by $1.06 per share, or approximately 8.69%, from $12.20 per share to close at $11.14 on February 23, 2023.

Medical Properties Trust, Inc. Investor Contact Form