Integrated Health Services said it has agreed to lease 43 long-term-care facilities in 12 states from Litchfield Asset Management Corp. of New Milford, Conn. The 43 facilities had total revenues of $150 million last year. The lease arrangement brings the number of long-term-care facilities owned or operated by Owings Mills, Md.-based IHS to 187 in 30 states.
IHS TO LEASE LITCHFIELD FACILITIES
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