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Nexus Health Systems Announces Mutual Termination of Stock Purchase Agreement

 

June 7, 2007

 

Nexus Health Systems, Inc. (“Nexus”) today announced that it has mutually agreed with Select Medical Corporation (“Select”) to terminate the Stock Purchase Agreement dated March 26, 2007, pursuant to which Nexus was to sell substantially all of its assets to Select.

Nexus provides medical services in the residential and medical specialty fields. HealthBridge Children’s Hospital in Orange, California is a pediatric facility licensed as an acute care pediatric hospital to accommodate both acute care pediatric needs and long-term sub-acute care. HealthBridge Children’s Hospital in Houston, Texas is a pediatric specialty hospital. Nexus Specialty Hospital is a long-term acute care hospital in Shenandoah, Texas, with a satellite campus in The Woodlands, Texas. Touchstone Neurorecovery Center, located in Conroe, Texas, offers neurobehavioral rehabilitation programs designed to meet the behavioral, vocational and community re-entry needs of residents with brain and other neurological injuries. Information about Nexus is available at http://www.nhsltd.com


 


 


 

 

 

 

 

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