Apollo Global-backed LifePoint Health completed the acquisition of a majority stake in Springstone from Medical Properties Trust.

Apollo Global-backed LifePoint Health, a healthcare provider that serves patients, clinicians, communities and partner organizations across the healthcare continuum, completed the acquisition of a majority stake in Springstone, a behavioral health provider, from Medical Properties Trust, a real estate investment trust that invests in healthcare facilities. Financial terms were not disclosed. "The need for greater access to behavioral health services continues to grow and is fundamental to our objective of providing diversified healthcare delivery services to communities and partners across the country. Adding the talented team at Springstone's depth of experience and platform for providing high quality behavioral healthcare will accelerate our ability to broaden these crucial services for communities that need them," David Dill, LifePoint Health Chairman and CEO.