Earlier this month, Vibra completed through an affiliate the $165.8 million purchase of 14 long-term acute-care hospitals containing 1,002 licensed beds from Kindred. Vibra bought the two additional facilities — a 44-bed inpatient medical rehabilitation hospital and a 135-bed skilled nursing facility — for $20.7 million.
Vibra originally agreed to purchase three additional hospitals, but Kindred removed the third facility from the transaction after the company was unable to satisfy the closing conditions for the facility.
More Articles on Hospital Sales:
Vibra Healthcare Completes Purchase of Kindred Healthcare Facilities
Adventist Health to Buy, Restructure Corcoran District Hospital
Health Department Subcommittee Approves Landmark Medical Center Sale
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