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Jax Daily Record Wednesday, Apr. 11, 201805:50 AM EST

Curahealth buys Specialty Hospital

Texas company paid Memorial Healthcare Group $7.59 million for property.

Curahealth Hospitals of Garland, Texas, announced it bought Specialty Hospital of Jacksonville from HCA Healthcare Inc.

Specialty Hospital at 4901 Richard St. is a licensed and accredited long-term acute care hospital focused on treating patients who undergo extended hospital stays and have complex medical conditions.

Curahealth declined to say how much it paid for the hospital business. Curahealth Property LLC bought the property for $7.59 million from Memorial Healthcare Group Inc.  Memorial is part of HCA and both are based in Nashville, Tennessee.

 The deed was recorded April 5.

Wells Fargo Bank issued a mortgage of the same amount. The 97,038-square-foot hospital was built in 1971, property records show.

Curahealth said the sale took place April 1.

Curahealth operates 10 hospitals in six states as its nationwide network of transitional care hospitals that are certified as long-term acute care hospitals and licensed as acute care hospitals.

Memorial Hospital spokeswoman Ilyssa Drumm said Memorial Hospital and Specialty Hospital partnered to care for critically ill patients in Jacksonville for 25 years.

The patients require extended recovery time post-hospitalization.

“We will continue to do so in the future as they work with the Curahealth team,” she said.

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