M&A Deal Summary

Encompass Health Acquires Cardinal Hill Rehabilitation Hospital

On May 4, 2015, Encompass Health acquired healthcare services company Cardinal Hill Rehabilitation Hospital

Acquisition Highlights
  • This is Encompass Health’s 3rd transaction in the Healthcare Services sector.
  • This is Encompass Health’s 3rd transaction in the United States.
  • This is Encompass Health’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2015-05-04
Target Cardinal Hill Rehabilitation Hospital
Sector Healthcare Services
Buyer(s) Encompass Health
Deal Type Add-on Acquisition

Target

Cardinal Hill Rehabilitation Hospital

Lexington, Kentucky, United States
website
Cardinal Hill Rehabilitation Hospital is comprised of 158 licensed inpatient rehabilitation beds and 74 licensed skilled nursing beds, will continue to provide high-quality inpatient rehabilitation, skilled nursing, outpatient rehabilitation and home health services.

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Buyer(S) 1

Buyer

Encompass Health

Birmingham, Alabama, United States

website


Category Company
Founded 1983
Sector Healthcare Services
Employees35,000
Revenue 4.3B USD (2022)
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 incorporated in 1983 and is headquartered in Birmingham, Alabama.


DEAL STATS #
Overall 3 of 9
Sector (Healthcare Services) 3 of 9
Type (Add-on Acquisition) 3 of 7
State (Kentucky) 1 of 1
Country (United States) 3 of 9
Year (2015) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-24 Encompass Home Health

Dallas, Texas, United States

Encompass Home Health, Inc. (fka Advanced Homecare Management) is a provider of Medicare home nursing services in the large and highly fragmented Texas, Oklahoma and New Mexico markets.

Buy $750M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-11 Reliant Hospital Partners

Addison, Texas, United States

Reliant Hospital Partners LLC is a operator of rehabilitation hospitals. Operating seven facilities, Reliant serves patients on an inpatient and outpatient basis. Reliant is committed to providing excellent patient outcomes and outstanding patient satisfaction.

Buy $730M