Omega To Transition Operations Of 32 Facilities In Florida To PACS Group

By Reuters News

Oct 5 (Reuters) - Omega Healthcare Investors, Inc. OHI.N:

  • OMEGA TO TRANSITION OPERATIONS OF 32 FACILITIES IN FLORIDA TO PACS GROUP

  • OMEGA HEALTHCARE INVESTORS, - INCURS ONE-TIME EXPENSE OF ABOUT $90 MILLION FOR TRANSITION

  • OMEGA HEALTHCARE INVESTORS, - RENT TO INCREASE BY $26.10 MILLION IN YEAR ONE, $2.50 MILLION IN YEAR TWO, 2% ESCALATORS THEREAFTER

Further company coverage: OHI.N

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