RehabCare Group, Inc.
News and overview for RehabCare Group, Inc.
RehabCare Reports Third Quarter 2009 Results [Press Release]
Business Wire | 19 days 5 hours 44 minutes ago
RehabCare Group, Inc. (NYSE:RHB) today reported financial results for the quarter and nine months ended September 30, 2009. Comparative results for the quarter and nine months follow.
RehabCare Group commences public offering of 4,350,000 shares of its common stock
News-Medical.Net | 13 days 14 hours 24 minutes ago
RehabCare Group, Inc. (NYSE: RHB) announced today it has commenced an underwritten public offering of 4,350,000 shares of its common stock pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission (the SEC). The underwriters will have a 30-day option to purchase an additional 652,500 shares of common stock from the Company at the public offering price, less underwriting discounts and commissions, solely to cover over-allotments, if any.
RehabCare Announces Definitive Agreement to Merge with Triumph HealthCare [Press Release]
Business Wire | 19 days 5 hours 43 minutes ago
RehabCare Group, Inc. (NYSE: RHB) announced today it has entered into a definitive merger agreement with Triumph HealthCare, a leading developer and operator of long-term acute care hospitals (LTACHs) in the U.S., for a purchase price of $570.0 million, subject to adjustment. Triumph’s trailing 12-month revenues through September 30, 2009 were $439.7 million and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $89.7 million. The purchase price is approximat...
Analyst says RehabCare Group will make acquisition
Richmond Times-Dispatch (Va.) | 41 days 10 hours 20 minutes ago
NEW YORK (AP) -- Rehabilitation program operator RehabCare Group Inc.'s proposed stock sale indicates the company may be preparing to make an acquisition, a Stifel Nicolaus analyst said Monday.
RehabCare buying Triumph for $570 million
Forbes | 18 days 14 hours 24 minutes ago
ST. LOUIS -- Rehabilitation services company RehabCare Group Inc. said Tuesday it will buy hospital operator Triumph Healthcare for about $570 million, expanding the company's hospital portfolio.
With larger stock sale planned, analyst says RehabCare will buy long-term acute hospital chain
Sun (Baltimore), The | 41 days 10 hours 13 minutes ago
Rehabilitation program operator RehabCare Group Inc.'s proposed stock sale indicates the company may be preparing to make an acquisition, a Stifel Nicolaus analyst said Monday.
Physical therapy provider RehabCare prices public offering of 5.4M shares at $24 apiece
Chicago Tribune | 9 days 9 hours 7 minutes ago
ST. LOUIS (AP) — RehabCare Group Inc., a provider of physical therapy services, said Friday it has priced its public offering of 5.4 million shares of common stock at $24 each.
RehabCare Announces Full Exercise of Over-Allotment Option [Press Release]
Business Wire | 6 days 5 hours 16 minutes ago
RehabCare Group, Inc. (NYSE: RHB) announced today that the underwriters of its underwritten public offering of 5,400,000 shares of its common stock have exercised in full their option to purchase an additional 810,000 shares of common stock at the public offering price of $24.00 per share, less underwriting discounts and commissions. The closing of the offering, including the over-allotment option, is expected to take place on November 18, 2009, subject to customary closing conditions.
RehabCare prices share offering at $24 apiece
Forbes | 9 days 9 hours 18 minutes ago
ST. LOUIS -- RehabCare Group Inc., a provider of physical therapy services, said Friday it has priced its public offering of 5.4 million shares of common stock at $24 each.
RehabCare Announces Public Offering of Its Common Stock [Press Release]
Business Wire | 13 days 15 hours 32 minutes ago
RehabCare Group, Inc. (NYSE: RHB) announced today it has commenced an underwritten public offering of 4,350,000 shares of its common stock pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The underwriters will have a 30-day option to purchase an additional 652,500 shares of common stock from the Company at the public offering price, less underwriting discounts and commissions, solely to cover over-allotments, if any.
Physical therapy provider RehabCare prices public offering of 5.4M shares at $24 apiece -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 9 days 9 hours 26 minutes ago
ST. LOUIS (AP) — RehabCare Group Inc. , a provider of physical therapy services, said Friday it has priced its public offering of 5.4 million shares of common stock at $24 each.
RehabCare to buy Triumph HealthCare for $570M
American City Business Journals | 19 days 3 hours 41 minutes ago
RehabCare Group Inc. plans to buy Triumph HealthCare, a Houston-based developer and operator of long-term acute care hospitals, for $570 million.
Underwriters exercise RehabCare option
American City Business Journals | 6 days 2 hours 30 minutes ago
RehabCare Group Inc. said Monday that the underwriters of its 5.
RehabCare looks to raise $127M for Triumph acquisition
American City Business Journals | 9 days 5 hours 25 minutes ago
RehabCare Group Inc. has priced its public offering of 4.
UPDATE 1-RehabCare, Triumph HealthCare to merge in $570 mln deal
Reuters | 19 days 3 hours 30 minutes ago
Nov 3 (Reuters) - Physical rehabilitation services provider RehabCare Group Inc (RHB.N) said it agreed to merge with privately held Triumph HealthCare, a long-term acute care hospitals operator, for about $570 million, to create the fourth-largest U.S. post-acute hospital operator.
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Company Overview
| Company: | RehabCare Group, Inc. |
|---|---|
| Industry: | Medical Practice Management & Services |
| Website: | http://www.rehabcare.com |
RehabCare helps hospitals help you to get back on your feet. The company is a major provider of rehabilitation program management services to hospitals, nursing homes, and other long-term care facilities in the US. It operates both inpatient and outpatient rehab units for its hospital clients and offers contract therapy services to nursing homes and assisted living facilities. The company counts more than 1,200 health care facilities in more than 40 states among its clients. In addition to its program management offerings, RehabCare owns about a dozen acute care and rehab hospitals of its own.
Key Numbers
| Sales in U.S. Dollars (mil.) | 743.1 (2008) |
|---|---|
| One-year % Growth in Sales | 4.4 (2008) |
| Net Income in U.S. Dollars (mil.) | 18.7 (2008) |
| One-year % Growth in Net Income | 47.8 (2008) |
| Number of Employees | 13,500 (2008) |
| One-year % Growth in Number of Employees | -3.6 (2008) |
| Fiscal Year-End | December |