Cardinal Hill Rehabilitation Hospital has been sold to HealthSouth, a Birmingham-based company that operates rehabilitation hospitals across the country.
All current rehabilitation services will continue at the Cardinal Hill campus on Versailles Road in Lexington, according to a news release issued Tuesday.
The financial terms of the sale were not released.
With the sale, HealthSouth takes over inpatient rehabilitation, skilled nursing, outpatient therapy and home care operations. Cardinal Hill Foundation, a nonprofit, will continue to oversee the adult day health program, the Creative Beginnings Child Development Center and the community-based Adaptive and Sport Program for children and adults with disabilities, according to the news release.
Jenny Wurzback, who has been with Cardinal Hill for nearly 30 years, will continue as executive director, overseeing those programs.
HealthSouth operates HealthSouth Lake-view Rehabilitation Hospital of Central Kentucky, a 40-bed hospital in Elizabethtown, and HealthSouth Northern Kentucky Rehabilitation Hospital, a 40-bed hospital in Edgewood, according to spokeswoman Casey Lassiter. She said HealthSouth is expanding at a rate of about four rehabilitation hospitals a year.
In its news release, Cardinal Hill officials said there is pressure under the Affordable Care Act to reduce the number of people who stay in a hospital while receiving rehabilitation. Dealing with that pressure is especially difficult for independent hospitals like Cardinal Hill, which has served patients for more than 60 years. Cardinal Hill has sought a suitable buyer for several years, according to the news release.
HealthSouth is one of the nation's largest providers of post-acute health care services, offering both inpatient and outpatient services in 33 states and Puerto Rico.