December 7, 2006
Vibra Healthcare Acquires Warm Springs Hospital System in a Joint Venture With B.A. Healthcare
MECHANICSBURG, Pa., Dec. 7 /PRNewswire/ -- Vibra Healthcare, LLC announced today that it, along with B.A. Healthcare, LLC, has completed the acquisition of the Warm Springs Hospital System, based in San Antonio, Texas. The system owns and operates 3 hospitals, a specialty head injury facility, 8 outpatient centers, and provides Contract Management services to a number of Acute Care Hospitals and Nursing Homes.
The transaction was financed by MPT, Medical Properties Trust. The operating company, Post Acute Medical, LLC, is a newly formed joint venture between a Vibra Healthcare's subsidiary, Lonestar Healthcare, LLC, and B.A. Healthcare, LLC, a Mechanicsburg, PA-based specialty hospital company founded by Anthony (Tony) Misitano.
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 medical rehabilitation hospitals. With the addition of the Texas hospitals, Vibra will operate thirteen hospitals with 732 beds in seven states.
Vibra Healthcare, LLC
CONTACT: Brad Hollinger of Vibra Healthcare, LLC, +1-717-591-5700
Web site: http://www.vibrahealthcare.com/