The Sanders Trust acquires Oklahoma rehab hospital for $34.2M

Birmingham, Ala.-based The Sanders Trust has acquired PAM Health Rehabilitation Hospital of Tulsa (Okla.) for $34.2 million, AL.com reported July 8.

Advertisement

The hospital, operated by PAM Health, has 53 private rooms, inpatient and outpatient gyms and outdoor space for mobility exercises. 

The acquisition “aligns with our mission to invest in top-tier healthcare facilities that provide essential services to their communities,” The Sanders Trust CEO Rance Sanders told the news outlet. The company develops and acquires medical office buildings and healthcare facilities nationwide.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Post-Acute

  • Encompass Health Rehabilitation Hospital of Miami named Rafael Alvarez, DNP, CRRN, CEO. Dr. Alvarez has spent the last seven years…

  • Egg Harbor Township, N.J.-based AtlantiCare opened a 60-bed rehabilitation hospital Aug. 3, CBS News reported. AtlantiCare Rehabilitation Hospital in Galloway…

Advertisement

Comments are closed.