Westmoreland Health and Rehabilitation Center was originally built in 1959 and is optimally situated near University Health System, Inc., which is comprised of the University of Tennessee Medical Center. Following the facility’s census drop due to the pandemic, occupancy and payor mix steadily rebounded year-over-year generating continuously improving cash flow and operating margin. While Westmoreland maintained a strong local reputation amongst its referral sources, the facility was listed on the Special Focus Facility Candidate List during the sale process.

Because ownership preferred a confidential and direct marketing approach, Blueprint conducted limited and strategic market outreach to select owner/operators with an existing presence in the state. Through its creative deal structuring, Blueprint secured a compelling acquisition proposal from a growing, regional provider that worked closely with Blueprint and Trousdale throughout the process to consummate the transaction to kick off the New Year.