News Release: Medistar Corporation Announces Development of Skilled Nursing, Assisted Living and Memory Care Facility in El Paso, Texas with Vibra Healthcare as Operator

Medistar - VibraLife East El PasoEl Paso, TX (August 22, 2016) – Medistar Corporation (“Medistar”) announced today that Vibra Healthcare, LLC (“Vibra”) will be the operator of a new VibraLife community located at 3421 Joe Battle Boulevard, El Paso, Texas 79938. Now in construction immediately across Joe Battle Boulevard from Tenet Healthcare’s The Hospitals of Providence East Campus, this new and innovative facility will provide 92 total beds, including 60 beds of skilled nursing focusing on short-term rehabilitation care, 16 beds of assisted living and 16 beds of memory care.

“Vibra is excited to continue to expand our services to the El Paso community, which began in 2012 with our acquisition of Highlands Rehabilitation Hospital. The new facility will feature our VibraLife concept, which brings together integrated post-acute services under one roof – providing unparalleled continuity of care and peace of mind for family members,” said Brad Hollinger, Chairman and CEO of Vibra Healthcare, LLC.

Added Monzer Hourani, Founder and CEO of Medistar, “We are pleased to have Vibra as our operator partner, bringing robust national experience to fulfill unmet needs across the postacute continuum of care for patients and providers in the El Paso community.”

“For patients who require a period of recovery following a traditional hospital stay, this new facility will provide high quality, well-coordinated care in a modern setting,” said Craig Laher, Vice President at Medistar and lead development officer for the project. Laher brings over 25 years of healthcare, commercial and institutional development experience. He also manages Medistar’s portfolio of operating properties, which include healthcare and commercial operating properties in throughout Texas, Colorado, North Carolina and Delaware.

The new VibraLife facility was designed by Pi Architects and is being built by SCI Construction, Inc., with construction scheduled for completion in early 2017.

About

Medistar Corporation is a full-service medical real estate development company headquartered in Houston, Texas. As it has for 43 years, Medistar primarily specializes in the design, development, financing, acquisition and construction of acute care hospitals, post-acute care hospitals, skilled nursing facilities, senior care facilities, medical office buildings and related facilities for the healthcare industry nationwide. Please visit www.MedistarCorp.com for more information.

Vibra Healthcare, LLC is a post-acute care provider based in Mechanicsburg, PA that is focused on the development, acquisition, and operation of freestanding specialty acute care hospitals, medical rehabilitation hospitals, and outpatient physical rehabilitation centers. Teams of highly trained specialists lead clinical programs at Vibra’s specialty hospitals for treating medically complex patients who suffer from strokes, multiple traumas, and major orthopedic, neurologic, cardiac, and respiratory conditions. Vibra and its affiliates currently employ over 10,000 employees and own and operate 92 specialty hospitals, transitional care units/facilities, and hospital-based outpatient physical therapy locations in 20 states. For additional information about Vibra Healthcare’s network of specialty hospitals and post-acute care continuum, please visit www.vibrahealthcare.com.

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