LifePoint Health, a subsidiary of RCCH HealthCare Partners and Apollo Global Management, announced on March 2 that it purchased four rehabilitation facilities for an undisclosed price.
The facilities have a combined workforce of 500 staffers and each facility has 36 rooms. The facilities are in Longview and Temple, Texas, Cincinnati, and Rogers, Arkansas.
LifePoint Health owns and operates 62 community hospitals, more than 30 rehabilitation and behavioral health hospitals and 170 additional sites of care, including managed acute rehabilitation units, outpatient centers and post-acute care facilities. RCCH HealthCare is a portfolio company of Apollo Global Management.
This acquisition represents LifePoint’s second transaction of 2023. The facilities will be run and operated by LifePoint following the completion of the acquisition.
According to data captured in the LevinPro HC database, this transaction marks the 10th Rehabilitation acquisition of 2023. Throughout 2022, 80 Rehabilitation deals were reported.
