M&A Deal Summary

Encompass Health Acquires ASC Network

On September 4, 1997, Encompass Health Corp. acquired healthcare services company ASC Network Corp. for 130M USD

Acquisition Highlights
  • This is Encompass Health’s 1st transaction in the Healthcare Services sector.
  • This is Encompass Health’s 4th largest (disclosed) transaction.
  • This is Encompass Health’s 1st transaction in the United States.
  • This is Encompass Health’s 1st transaction in California.

M&A Deal Summary

Date 1997-09-04
Target ASC Network Corp.
Sector Healthcare Services
Buyer(s) Encompass Health Corp.
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

ASC Network Corp.

Newport Beach, California, United States
ASC Network Corp. is a privately held company operates Freestanding Ambulatory Surgery Centers.

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Buyer(S) 1

Buyer

Encompass Health Corp.

Birmingham, Alabama, United States

website


Category Company
Founded 1983
SectorHealthcare Services
Employees27,894
Revenue 4.6B USD (2020)
DESCRIPTION
Entrance to HealthSouth's corporate headquarters in Birmingham, Alabama.
Entrance to HealthSouth's corporate headquarters in Birmingham, Alabama.

Encompass Health is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Encompass Health was founded in 1983 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 1 of 9
Sector (Healthcare Services) 1 of 9
Type (Add-on Acquisition) 1 of 7
State (California) 1 of 1
Country (United States) 1 of 9
Year (1997) 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-19 Diagnostic Health Corp.

Birmingham, Alabama, United States

Diagnostic Health Corporation is a stand-alone provider of diagnostic imaging services with 53 freestanding locations in 19 states across the country. DHC facilities offer a combination of outpatient diagnostic imaging services, including MRI, CT, X-ray, ultrasound, mammography, fluoroscopy, and nuclear medicine services.

Sell $48M