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Denver-based Eating Recovery Center/ERC has committed to an 18-year lease for the entire 5120 Legacy and after improvements, ERC will operate 72 hospital beds licensed by the Texas Department of State Health.
In preparation for our upcoming GlobeSt. Healthcare Conference, we are highlighting Lavendar as one to watch in the industry as he continues to expand his firm's Healthcare & Alternative Assets platform.
The two parties expect to reach a definitive agreement on the deal before the end of the year. CarePoint Health has initiated a separate process seeking a strategic partner for its third operating hospital—Bayonne Medical Center.