Horizon Health (NASDAQ:HORC)
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From Jun 2019 to Jun 2024
Horizon Health Corporation (NASDAQ/NM:HORC) today
announced that it has completed its acquisition of the Focus
Healthcare behavioral health facility located in New Castle, Delaware.
The transaction was part of the previously announced acquisition of
the behavioral health facilities of Lighthouse Care Centers and Focus
Healthcare. The closing on the Focus Healthcare Delaware facility had
been delayed pending receipt of required governmental approvals.
Horizon Health Corporation is an owner of behavioral health care
facilities and a leading contract manager of clinical services for
acute care hospitals and employers.
The statements contained herein based on future expectations
rather than on historical facts are forward-looking statements as
defined under the Private Securities Litigation Reform Act of 1995
that involve a number of risks and uncertainties. Factors that could
cause actual results to differ materially from those in any such
forward-looking statements include, but are not limited to, the
ability to consummate the acquisitions, the ability to integrate the
existing operations of the facilities on a cost-effective basis, the
ability to effectively manage the operations at the facilities and
maintain existing contracts, adverse changes in reimbursement to
psychiatric hospitals by federal and state health care programs and
other third-party payors and various other risks as outlined in
Horizon's Securities and Exchange Commission filings. There can be no
assurance that statements made in this press release relating to
future events will be achieved. The Company undertakes no obligation
to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results over time.