Specialty Hospitals

Surgery Partners Buys Majority Stake in Bakersfield Heart Hospital

A local health-care management company has sold its controlling stake in Bakersfield Heart Hospital to a Tennessee-based group, the 47-bed facility announced Friday. According to a news release, Surgery Partners Inc. bought a majority interest in the medical center from Hospital Management Group. Terms of the deal were not disclosed. Surgery Partners, founded in 2004, […]

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Enhanced Healthcare Partners Announces Investment in NeuroPsychiatric Hospitals

Enhanced Healthcare Partners (“EHP”), a leading healthcare-focused private equity firm specializing in middle-market healthcare services businesses, is pleased to announce its investment in NeuroPsychiatric Hospitals (“NPH”), a leading provider of integrated healthcare for patients with acute psychiatric disorders and complex medical and neurological disorders. Founded in 2006, NPH utilizes an integrated model of care supported

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Summit BHC Acquires West Virginia’s Highland Hospital

Summit BHC (“Summit” or “the Company”), a leading provider of addiction treatment and behavioral health services, announced Thursday the acquisition of Highland Hospital, a 131-bed psychiatric facility in Charleston, West Virginia. This is Summit’s second acquisition in 2020 and its first facility in West Virginia. “The addition of Highland Hospital to the Summit family allows

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Kindred Healthcare Completes Acquisition of Two Behavioral Health Hospitals in Texas

Kindred Healthcare, LLC (“Kindred”) announced Wednesday it has completed its acquisition of the WellBridge Greater Dallas and WellBridge Fort Worth behavioral health hospitals. WellBridge Greater Dallas and WellBridge Fort Worth provide a full continuum of inpatient and outpatient behavioral health services to senior and adult populations in the Dallas-Fort Worth metropolitan area and the greater

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Kindred Healthcare and Landmark Medical Center Announce Definitive Agreement Forming Joint Venture to Own and Operate Rehabilitation Hospital of Rhode Island

Kindred Healthcare, LLC (‘Kindred’) and Landmark Medical Center, a subsidiary of Prime Healthcare, today announced a definitive agreement to create a partnership that will own and operate the Rehabilitation Hospital of Rhode Island in North Smithfield, Rhode Island. Kindred will have a 60 percent ownership interest in the joint venture and Landmark will own 40

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Kindred Healthcare Continues Expansion of Behavioral Health Services with Management of Illinois Behavioral Health Unit

Kindred Healthcare, LLC (‘Kindred’) announced Thursday it has begun managing Riverside Medical Center’s 64-bed behavioral health unit in Kankakee, Illinois. Kindred recently reached an agreement with Riverside Healthcare to operate Riverside Medical Center’s behavioral medicine program, providing inpatient and outpatient care to adults, adolescents, pediatrics and geriatrics. The agreement builds on Kindred’s existing partnership with

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