Banner Health Takes Ownership of Masterson Place from Health Trust

The facility will now be owned and operated by Banner Health, providing low-cost housing for patients and families using Casper's medical facilities.

Feb. 2, 2026 at 2:15pm

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Banner Health has taken ownership of Masterson Place, a facility that provides low-cost short-term and long-term housing for patients and families using Casper's medical facilities. The facility was previously owned and operated by the Natrona County Health Trust, which was formed from the Wyoming Medical Center Foundation after the sale of the Wyoming Medical Center to Banner Health. The Natrona Collective Health Trust has now gifted Masterson Place, including its three employees, building, and furnishings, to Banner Health.

Why it matters

Masterson Place has served an important role in the Casper community for 25 years, providing affordable accommodations for those traveling to the city for medical care. By transferring ownership to Banner Health, the facility's mission of compassionate care for medical patients and their families will continue under the stewardship of a major healthcare provider in the region.

The details

Masterson Place was first located in a former Best Western motel on West Yellowstone before moving to a new purpose-built facility near the Wyoming Medical Center in 2019. The facility was spearheaded by Mary Masterson and many community members to address the need for low-cost housing options for medical patients and their families visiting Casper. Banner Health, which owns the Wyoming Medical Center, will now take over operations of Masterson Place.

  • Masterson Place was established 25 years ago.
  • The facility moved to a new location near the Wyoming Medical Center in 2019.
  • The Natrona Collective Health Trust gifted Masterson Place to Banner Health in February 2026.

The players

Banner Health

A major healthcare provider that owns the Wyoming Medical Center in Casper and will now operate Masterson Place.

Natrona Collective Health Trust

The organization that was formed from the Wyoming Medical Center Foundation after the sale of the Wyoming Medical Center to Banner Health, and has now gifted Masterson Place to Banner Health.

Mary Masterson

A community member who was instrumental in establishing Masterson Place 25 years ago to provide low-cost housing for medical patients and their families.

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What they’re saying

“The Trust is delighted to return Masterson Place's mission to where it belongs — with a patient-centered health care partner that shares our vision of compassionate care for those traveling to Casper for medical services.”

— Beth Worthen, CEO of the Natrona Collective Health Trust

“We are honored to receive this gift from the Natrona Collective Health Trust. Masterson Place represents the compassionate spirit of our community and aligns perfectly with Banner Health's mission of making health care easier, so life can be better.”

— Lance Porter, Chief Executive Officer at Banner Wyoming Medical Center

What’s next

Banner Health plans to continue operating Masterson Place as a low-cost housing option for medical patients and their families visiting Casper.

The takeaway

The transfer of Masterson Place to Banner Health ensures the facility's mission of providing affordable accommodations for medical patients and their families will continue under the stewardship of a major healthcare provider in the Casper region.