American Health Partners Announces Sale of American Health Communities (AHC) and Rehab America Divisions

American Health Partners, a leading provider of senior healthcare services, today announced a definitive agreement to sell its American Health Communities (AHC) and Rehab America divisions to a joint venture between CareTrust REIT, Inc., a publicly traded Real Estate Investment Trust (REIT) and a leading privately held real estate investment firm.

Under the terms of the agreement, the joint venture will own the AHC locations, ensuring the physical assets remain part of a strong, experienced real estate investment portfolio. Four respected operators— The Ensign Group (Nasdaq: ENSG), PACS Group...