Brookdale Senior Living to Sell 80 Percent Stake in Outpatient Therapy Division to HCA Healthcare

We represented Brookdale Senior Living Inc. in its definitive agreement to sell 80 percent of Brookdale Health Care Services, the Brentwood-based company’s home health and outpatient therapy division, to HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, in an all-cash transaction for $400 million. The purchase agreement is subject to customary closing conditions.

Brookdale Senior Living (NYSE: BKD) is the nation’s largest owner and operator of senior living communities throughout the United States and a leading national provider of senior-related services.

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