Rehabilitation Attracted Private Equity and REITs in 2016

The Rehabilitation sector is still fairly fragmented, but consolidation is coming. Some 40 deals have been announced in 2016, a 21% increase compared with 2015’s then-record of 33 deals. This year saw a ramp-up in the number of deals announced by REITs and private equity firms, too.

Rehab Hospitals Attract More REITs in 2016

REITs are on the move in the healthcare services sectors, and rehabilitation hospitals are following the trend we’ve noted in the Hospital sector. Through December 1, REITs have made five acquisitions targeting rehabilitation hospitals, compared with two such deals announced in 2015, and two in 2014.

LifeCare Hospitals Moves Into Home Health

LifeCare Hospitals, part of LifeCare Holdings LLC, specializes in treating chronically ill and medically complex patients in post-acute settings. This week, it announced the acquisition of Haven Home Health, LLC, a multi-location home healthcare provider in the greater Dallas-Fort Worth metro area. The acquisition is part of LifeCare’s strategic expansion in the post acute market. In […]

The Rehab Sector Shows Some Muscle

HealthSouth Corporation’s (NYSE: HLS) acquisition of Reliant Hospital Partners LLC for $730 million was a tremendous boost for the sector’s year-to-date spending, bringing the total to $85 million through June 12, 2015. But the real action, as always, is in the deal volume. In the same period, 12 acquisitions of rehabilitation facilities and occupational therapy […]

Nautic Partners Exits, HealthSouth Buys In

Nautic Partners made a grand exit last week as it sold Reliant Hospital Partners, LLC to HealthSouth Corporation (NYSE: HLS) for $730 million. Reliant operates a portfolio of 11 inpatient rehabilitation hospitals in Texas, Massachusetts and Ohio, plus three inpatient satellite locations in Massachusetts, for a total of 902 beds. All of the hospitals are […]