LifeCare returns to its roots in critical care with the purchase of four specialty hospitals and reimagining of its brand. North Texas investors purchased four hospitals across North Texas and Pittsburgh, Pennsylvania, from LifeCare Health Partners in a 363 bankruptcy sale to form LifeCare 2.0, LLC, which will go by the name LifeCare with headquarters in Addison, Texas. The bankruptcy sale finalized Sept. 29, 2019, and LifeCare 2.0, LLC was the only bidder. Headquartered in Addison, Texas, LifeCare is a specialty hospital operator focused on redefining critical care throughout its network. The company currently operates three critical care hospitals in North Texas (Dallas, Fort Worth and Plano) and a behavioral health hospital in Pittsburgh, Pennsylvania.
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Source: https://www.prnewswire.com/news-releases/lifecare-returns-to-its-roots-in-critical-care-with-new-ownership-300985122.html