Select Medical Holdings Corp. to Acquire Regency Hospital Co.

John Commins, for HealthLeaders Media , June 21, 2010

Select Medical Holdings Corp. announced today that it will acquire Alpharetta, GA-based Regency Hospital Co. LLC, the operators of 23 long-term acute care hospitals in nine states, in a deal valued at $210 million.

Mechanicsburg, PA-based Select Medical now operates 89 long-term acute care hospitals and six acute medical rehabilitation hospitals in 25 states, and 959 outpatient rehabilitation clinics in 36 states and the District of Columbia. When the acquisition is finalized this summer, Select Medical's operations will include 112 long-term acute care hospitals in 28 states.

Regency's net revenue in 2009 was $374.9 million, with net income of $6.1 million, Select Medical said in a media release.


John Commins is a senior editor with HealthLeaders Media.

Comments are moderated. Please be patient.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2014 a division of BLR All rights reserved.