Dive Brief:
- On Monday, Greystone Healthcare Management announced the acquisition of 10 skilled nursing facilities from Autumn Healthcare.
- The sale includes existing therapy provider TheraTrust, Inc. and a corporate office located in Newark, OH, that will be maintained as a regional headquarters, according to a Greystone press release.
- Greystone manages a network of nursing, rehabilitation, hospice, home health and assisted living facilities with locations throughout Florida and Ohio.
Dive Insight:
Greystone is based in Tampa, FL. Prior to this most recent acquisition, Greystone had existing locations in Ohio, including The Rehabilitation and Health Center of Gahanna in Columbus and home health services provider Executive Care and Greystone Hospice of Ohio. "These central Ohio facilities truly solidify our presence in the state and demonstrate our commitment to growth in the region," said Connie Bessler, CEO of Greystone Healthcare Management.