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Commissioners approve settlement and lease revisions with Riverton Memorial Hospital and Medical Properties Trust

5744464 · May 21, 2025
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Summary

The board approved changes to a previously discussed lease/settlement agreement involving Riverton Memorial Hospital; Medical Properties Trust acknowledged and consented in writing, and commissioners said changes do not alter the agreement's substance.

Fremont County commissioners approved amendments to a settlement and lease agreement related to Riverton Memorial Hospital during the May 24 meeting.

The action matters because it updates contractual language and confirms third-party acknowledgement from the hospital’s property owner; commissioners said the changes are minor and do not change the agreement’s substance.

County staff introduced the item as an update to a settlement and lease package involving Riverton Memorial Hospital. A county staffer noted that Medical Properties Trust (the hospital’s real-estate interest-holder) had reviewed the agreement and provided an acknowledgement/consent; staff described the changes as minor and not substantive. The chair called for a motion; commissioners moved, seconded and approved the changes by voice vote.

No further debate was recorded. Commissioners asked that the signed documents be filed and the chairman was authorized to execute the finalized agreement when ready.