CENTER, Texas-Brentwood, Tenn.-based New American Healthcare Corp. late last month signed an agreement to buy Memorial Hospital in Center from another investor-owned company, Southeastern Hospital Corp. Southeastern, also based in Brentwood, is selling the 54-bed facility to focus on its psychiatric hospital business. Terms of the agreement weren't disclosed. "This will be our second acquisition, and we have another two letters of intent in the works," said Dana McLendon, senior vice president of finance and administration at New American, which was formed in December 1995. "Memorial has always been investor-owned since it was built by physicians years and years ago." Center is about 50 miles northeast of Lufkin, Texas, and 50 miles southwest of Shreveport, La. McLendon wouldn't disclose the names or locations of the other two hospitals the company is poised to acquire.
ATLANTA-Charter Behavioral Health Systems said it has acquired Talbott Recovery Campus and Anchor Hospital in Atlanta. Terms of the acquisitions weren't disclosed. Talbott serves professionals with chemical dependency problems. The 84-bed hospital provides inpatient and outpatient behavioral and chemical addiction treatment programs for adults and children. Atlanta-based Charter is the nation's largest behavioral healthcare delivery system with nearly 100 facilities.
CHARLESTON, W.Va.-West Virginia Gov. Cecil Underwood has signed a bill that would regulate residential-care communities for senior citizens. At the request of the industry, the state's Department of Health and Human Resources will license the facilities as it currently regulates nursing homes and personal-care homes. The residential-care communities previously have been unlicensed. They include private apartments as well as units that provide short-term healthcare when needed.
MURFREESBORO, Tenn.-National HealthCare said it has opened a new $12.7 million assisted-living and healthcare center in the company's headquarters town of Murfreesboro. The center, called AdamsPlace, includes an 84-unit assisted-living center and a 40-bed healthcare center. Construction on a 90-unit independent-living center is scheduled to start this month. National HealthCare operates 108 long-term-care facilities, 33 home-care programs, four independent-living centers and 11 assisted-living centers in 10 states.