Published:
Vibra Healthcare Acquires two Hospitals in Southern California
MECHANICSBURG, Pa., July 3 /PRNewswire/ -- Vibra Healthcare, LLC ("Vibra")
announced today that it has completed the acquisition of two specialty
hospitals inSouthern California. The acquisition included the Continental
Rehabilitation Hospital ofSan Diego (a 110-bed freestanding Long Term Acute
Care Hospital -- LTACH) and the Robert H. Ballard Rehabilitation Hospital in
San Bernardino, CA (a 60-bed freestanding Acute Rehabilitation Hospital).
Brad Hollinger, Founder, Chairman and CEO of Vibra Healthcare stated that,
"The acquisition of the Continental andBallard hospitals represent the
advancement of Vibra's strategy to acquire specialty hospitals in markets
where post-acute opportunities are strong. The hospitals have a long history
of providing excellent patient care and are recognized for clinical excellence.
With the addition of these hospitals, Vibra has 5 hospitals inCalifornia.
Their locations are optimal for regional market penetration and capture of
administrative economies of scale. We are pleased to add them to our family
of specialty hospitals."
Vibra Healthcare LLC is a specialty hospital provider based in
Mechanicsburg, Pennsylvania, focused on the development, acquisition and
operation of freestanding long-term acute care and acute medical
rehabilitation hospitals. With the addition of the twoSouthern California
hospitals, Vibra operates sixteen freestanding hospitals with more than
1200-beds in nine states.
SOURCE Vibra Healthcare, LLC
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: ,HEA,MTC,FIN,TNM,PA-Vibra-Acquires-hos
_ _Is your favorite bookmark site missing?
Ask for it.
Search News
Daily News
