Healthcare Business News

Prestige Care buys 9 skilled-nursing, rehab centers

By Ashok Selvam
Posted: August 13, 2012 - 5:45 pm ET

Prestige Care, Vancouver, Wash., has purchased nine Eagle Healthcare skilled-nursing and rehabilitation centers in Idaho, Oregon and Washington, according to a Prestige news release.

Prestige will assume ownership and management duties Oct. 1. Financial terms of the deal weren't disclosed. Prestige, a senior-care provider, also operated centers in Alaska, Arizona, California, Montana and Nevada. The transaction gives the company 65 facilities.

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"This is an exciting time of growth for Prestige, and we are looking forward to welcoming the staff, residents and families of these new communities into our family of care centers," Prestige President and CEO Harold Delamarter said in the news release. "Our compassionate team is dedicated to providing life-enriching experiences to help residents and communities thrive in ways that are purposeful and personally meaningful."

Before the deal, Eagle, based in Kirkland, Wash., owned 12 facilities—10 in Washington and one each in Idaho and Oregon—according to its website.

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