US’ Lifepoint Acquires 4 Inpatient Rehab Facilities

 

 

Lifepoint Health, situated in Brentwood, Tennessee, has bought four inpatient rehabilitation facilities from Everest Rehabilitation Hospitals, based in Dallas.

The facilities are in Longview, Texas, Temple, Texas, Rogers, Arkansas, and Cincinnati, Ohio. According to a March 1 Lifepoint news release, the facilities have a total workforce of 500 employees and each location has 36 rooms.

The transaction’s financial specifics were not disclosed. The facilities will be managed by Lifepoint Rehabilitation, Lifepoint’s rehabilitation business section.

“We are so pleased to welcome the inpatient rehabilitation facilities in Texas, Arkansas and Ohio to Lifepoint,” said Russ Bailey, president of Lifepoint Rehabilitation, a business unit of Lifepoint Health. “Through our inpatient rehabilitation facilities and acute rehabilitation units across the country, Lifepoint Rehabilitation is expanding access to critically needed rehabilitation care to patients recovering from a number of conditions, including strokes, brain injuries, spinal cord injuries, orthopedic injuries, neurological conditions, amputations and trauma. We recognize the growing need for greater access to rehabilitation services across the country, and we have an exciting vision to further build and strengthen our rehabilitation capabilities through technology, quality programs, services, support teams and more.”

The four facilities included in the sale are all-inclusive rehabilitation facilities, each with 36 private patient rooms and a combined team of almost 500 employees providing a wide range of rehabilitation services and care support across all four campuses. Each facility’s operations will be taken over by Lifepoint.

“We are pleased to complete this transaction with Lifepoint Health,” said Jay Quintana, chief executive officer of Everest Rehabilitation Hospitals. “We are confident Lifepoint shares our passion for expanding access to inpatient rehabilitation services and is equally committed to providing high-quality care to the patients we serve. We look forward to exploring more opportunities to bring these critically needed services to more communities.”

This purchase underscores Lifepoint’s growing emphasis on extending access to rehabilitation services and expands Lifepoint’s capabilities as a diverse healthcare delivery network. Lifepoint Rehabilitation will be the only owner and operator of the new inpatient rehabilitation facilities.

The Lifepoint Rehabilitation network is expanding, with more than 30 joint venture inpatient rehabilitation institutions and more than 250 hospital-based rehabilitation units, medical/surgical and outpatient therapy locations.

 

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