Ethema Health Corporation (OTC: GRST) (“Ethema” “GRST” or the “Company”), and Addiction Recovery Care LLC (“Vendor”) entered into a Letter of Intent (“LOI”) to purchase certain of the assets and separate entities operating under the ARC brand name in Kentucky. The Letter of Intent is to purchase certain of the assets of the ARC in-patient facilities in Kentucky operating in Inez, Pikeville, Owensboro and Ashland, along with out-patient facilities in Kentucky operating in Prestonsburg, Mount Sterling, Louisa, Ashland and Lexington. The separate entities include a Psychiatric Hospital, a Pharmacy, a Medical Laboratory and a Rural Health Clinic. The addiction treatment and psychiatric facilities have a capacity of approximately 900 patients.
Read the full article: Ethema Signs LOI to Acquire Addiction Recovery Care (ARC) //
Source: https://www.newmediawire.com/news/ethema-signs-loi-to-acquire-addiction-recovery-care-arc-7083616