Case Study: Rehab Care

Rehab Care logo

Deal Synopsis

Overview

  • We were retained by RehabCare Group, Inc. to seek acquisitions in the freestanding rehabilitation hospital and LTACH sectors

About MeadowBrook Healthcare Inc.

  • Operator of freestanding rehabilitation hospitals and LTACHs in Miami, FL, Houston, TX, Tulsa, OK, and Lafayette, LA

Transaction Outcomes

  • RehabCare Group, Inc. acquired MeadowBrook Healthcare Inc. for approximately $36.5 million in 2005
  • First acquisition of freestanding bricks and mortar rehabilitation and long-term acute care facilities for RehabCare
  • As of 2011, RehabCare operated 28 LTACHs and 6 IRFs and was the largest provider of long-term acute care services in Houston, TX

Our Role

Strategy

  • We developed a forward-looking, strategic acquisition plan for RehabCare

Execution

  • With a definitive mandate in place, we successfully executed a platform acquisition that was the first of its kind for RehabCare