Encompass Health Corporation acquired Cardinal Hill Rehabilitation Hospital (Lexington, Kentucky), a transaction announced in May 2015.
Acquired a 158-bed inpatient rehabilitation hospital plus 74 licensed skilled-nursing beds in Lexington, Kentucky, expanding the inpatient-rehabilitation footprint. Disclosed in the FY2015 10-K; a standalone purchase price was not separately reported (fair value of net assets acquired was ~$60.7 million, and net cash paid for all 2015 IRF acquisitions was ~$56.6 million).
Acquired a 158-bed inpatient rehabilitation hospital plus 74 licensed skilled-nursing beds in Lexington, Kentucky, expanding the inpatient-rehabilitation footprint. Disclosed in the FY2015 10-K; a standalone purchase price was not separately reported (fair value of net assets acquired was ~$60.7 million, and net cash paid for all 2015 IRF acquisitions was ~$56.6 million).
Advisory firms were not disclosed for this transaction.