Exterior of hospital Sr. Luke’s Medical Center (pictured) and St. Luke’s Behavioral Health Center, both in Phoenix, are part of the IASIS portfolio that MPT has acquired.

BIRMINGHAM, AL—Medical Properties Trust Inc. (MPT) said Friday it had completed its previously announced acquisition of 10 acute care hospitals and one behavioral health facility from IASIS Healthcare. The sale was contingent upon the completion of the merger between IASIS and Steward Health Care System LLC, which also closed on Friday.