Progressive Acute Care, LLC Purchases Three Central Louisiana Hospitals

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Progressive Acute Care, LLC, a Louisiana-based health system, announced today they have purchased three hospitals from Rapides Healthcare System, LLC.

Progressive Acute Care, LLC, a Louisiana-based health system, announced today they have purchased three hospitals from Rapides Healthcare System, LLC. The three facilities, all located in Louisiana, are: Avoyelles Hospital in Marksville, Oakdale Community Hospital in Oakdale, and Winn Parish Medical Center in Winnfield. Terms of the purchase agreement were not disclosed.

"We are very pleased to be able to continue the excellent healthcare delivery that Rapides Healthcare System has provided in these communities. Wayne Thompson, our chief financial officer, Mike Hurlburt, our chief operations officer, and I have a deep commitment to providing compassionate, community-based healthcare services. That is what we have done for nearly 30 years, and we intend to honor that commitment in the communities we will be serving," commented Dan Rissing, CEO of Progressive Acute Care, LLC.

Progressive Acute's management team has extensive experience in managing healthcare facilities with the intent of providing high quality, compassionate healthcare and a nurturing, fulfilling work environment for its associates. Healthcare consumers in the communities served by the purchased hospitals can be assured they will continue to receive the very best healthcare possible. Physicians, healthcare professionals, and community leaders will find the new management team willing partners in the continued delivery of high quality, community-based healthcare.

About Progressive Acute Care
Progressive Acute Care, LLC is a Louisiana-based health system that provides a full continuum of high-quality, compassionate, community-focused healthcare services through its associates, physicians and volunteers in a fiscally responsible manner. The company believes the best way to satisfy any community's healthcare needs is by engaging and empowering local physicians, community and business leaders to help collectively drive the vision and direction of its healthcare facilities. For more information, please visit http://www.progressiveacute.com.

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