Horizon/CMS Healthcare Corp.'s Horizon Outpatient Rehabilitation Services division purchased Eagle Rehab Corp. for $13.1 million.
Seattle-based Eagle operates 26 outpatient rehabilitation clinics in Washington and one in Idaho. The company's net patient revenues for the nine months ended March 31 were $8.5 million.
The acquisition increases Horizon's network of outpatient rehabilitation clinics to 186. Albuquerque, N.M.-based Horizon is a leading provider of post-acute-care services nationwide.