Dignity Health, a subsidiary of CommonSpirit Health, has purchased a Mesa, Arizona, hospital and seven freestanding emergency facilities from Medical Properties Trust for $160 million.
The purchase, which closed in July, includes the 50-bed, nonprofit Arizona General Hospital in Mesa as well as the network of emergency department facilities located around the greater Phoenix metropolitan area. Mesa is part of metropolitan Phoenix.
Medical Properties Trust had funded the construction of the eight facilities, which were built between 2015 and 2017. Adeptus Health originally operated them. In 2017, Adeptus filed for bankruptcy protection, and Dignity Health began leasing all eight sites. According to a release from Medical Properties Trust, Dignity Health assumed the lease because the system "recognized the value of this footprint within a growing and gaining local health care ecosystem."
According to Dignity Health, there will be no change in operations as a result of the ownership change.
The Arizona General Hospital and emergency facilities have not been operated as Catholic facilities. That will continue to be the case now that Dignity Health owns the facilities. They do, however, adhere to a "Statement of Common Values," according to information from Dignity Health.
In addition to the Mesa facility, Dignity Health operates five hospitals and a network of outpatient sites in Arizona.