DALLAS, Nov. 14, 2011 /PRNewswire/ — LifeCare Hospitals of Dallas, a long term acute care hospital (LTACH) located in the heart of the Dallas medical community, announced today it will acquire selected assets of Vibra Specialty Hospital and relocate to Vibra’s Record Crossing Road location later this year. Pursuant to the acquisition, Vibra will relocate to the community of Desoto.

The two hospitals have entered into an agreement for the sale of the assets; the transaction is subject to customary closing conditions and is expected to be complete before the end of the year. The transaction is anticipated to be immediately deleveraging, on a pro forma basis, to the balance sheet of LifeCare Holdings Inc., the parent company of LifeCare Hospitals of Dallas.

The new LifeCare Hospitals of Dallas will offer both private and semi-private rooms, spacious family waiting areas and modern amenities such as Wi-Fi access throughout the building. In addition to a full array of speech, occupational and physical therapy services, the hospital will provide a wide range of in-house diagnostic services including mobile fluoroscopy and X-ray, laboratory services, a rehabilitation gym and a surgical procedures room. LifeCare intends to further expand the hospital’s service capabilities with additional ancillary services in the near future.

“The acquisition of the Vibra assets, our relocation in the Medical District and our commitment to expand the capabilities in our new location is a reflection of our commitment to the Dallas area,” said LifeCare Hospitals of Dallas Chief Executive Officer Jay Lindsey. “We look forward to enhancing our relationships with area physicians and hospitals, and to increasing our services to the community and the patients we serve.”

The clinicians and health professionals at LifeCare are passionate about helping patients recover from catastrophic injury or illness by providing early and aggressive intervention in a critical care setting. LifeCare treatment teams include physicians, nurses, pharmacists, nutritionists and therapists. This interdisciplinary approach helps speed physical, emotional and spiritual recovery.

LifeCare Hospitals of Dallas has been awarded the Quality Respiratory Care Recognition (QRCR) seal by the American Association for Respiratory Care (AARC), placing the facility among only 15 percent of hospitals in the United States that have received this award.

About LifeCare Hospitals of Dallas

LifeCare Hospitals of Dallas provides high acuity care for patients requiring intensive medical, nursing, respiratory and therapy services. The hospital focuses on meeting the needs of all its partners in care, including the referring physician, the patient and the patient’s family. LifeCare Hospitals of Dallas is accredited by The Joint Commission, is Medicare certified, and is part of the LifeCare family of hospitals, which includes 27 specialty acute care hospitals in 10 states. Click here for a map detailing the move, or visit LifeCare-Hospitals.com to learn more about LifeCare Hospitals of Dallas.

SOURCE LifeCare Hospitals of Dallas