Frequently Asked Questions (FAQ) - Sale of American Health Communities (AHC) and Rehab America

1. What is the key announcement?

After careful negotiations, American Health Partners has reached an agreement to sell its American Health Communities (AHC) and Rehab America divisions. The buyers are CareTrust, a publicly traded Real Estate Investment Trust (REIT), and Eagle Arc, an investment group focused on healthcare real estate. Both CareTrust and Eagle Arc have a deep understanding of our sector and are committed to continuing the strong foundation we’ve built.

2. Who are CareTrust and Eagle Arc?

CareTrust is a well-established REIT that owns and leases healthcare properties across the U.S. Eagle Arc specializes in healthcare real estate investments. Both companies understand our sector and are dedicated to upholding the high standards and care we’ve established at AHC and Rehab America.

3. Who will manage the facilities after the sale?

The daily operations of the AHC and Rehab America facilities will be managed by four experienced operators:

• Ensign Group
• Links Healthcare Group
• PACS Group, Inc.
• Champion Healthcare

These operators will take over the management of the facilities once the transaction is completed, which is expected by December.

4. When is the transaction expected to close?

We expect the transaction to close by December. At that time, ownership and operational control will be transferred to CareTrust, Eagle Arc, and the four operators mentioned above.

5. Will my job change?

For those of you working in AHC facilities or for Rehab America, your skills and experience are in high demand. You will remain in your current position and continue providing to residents and patients. . These operators will be visiting your buildings soon to meet you and see firsthand the excellent work you do. This will also provide an opportunity for you to meet their leaders and to help you learn about their companies, their health care benefits, and other employee programs. Your job is not expected to change and we will be working collaboratively with the new operators to ensure a seamless transition for you to their payroll systems and HR platforms. Stay tuned for more information as we move through this transition.

6. What will happen to my compensation and benefits?

The new operators will introduce their own healthcare benefits and employee programs. They are eager to meet you and discuss these details during site visits, which will happen soon. Rest assured, we are working collaboratively to ensure a smooth transition to their payroll and HR systems.

7. How will this transition affect the care of residents and patients?

Maintaining continuity of care is our top priority. The same dedicated staff—including nurses, caregivers, and support personnel—will remain in place to provide high-quality, consistent care. We are working closely with the new operators to ensure that residents, patients, and their families experience no disruption in services.

8. Will the new operators meet with us?

Yes, the new operators will be visiting the facilities to meet with staff, learn more about the operations, and introduce themselves. These visits will also provide an opportunity for you to learn about their organizations, healthcare benefits, and employee programs.

9. What happens to American Health Partners after the sale?

After the sale, American Health Partners will focus on these four divisions:

• American Health Plans
• TruHealth
• Unity Psychiatric Care
• AmPharm

This shift allows us to become more agile, expand into new markets, and accelerate initiatives in value-based care. Our strategic priority will be to grow these divisions, expand into new markets, and place a stronger focus on innovation to improve the quality of care and clinical outcomes for seniors.

10. What does this sale mean for American Health Partners' future?

As we write the next chapter of American Health Partners, the future holds tremendous opportunities for growth and innovation. By focusing on our core divisions, we will be better positioned to explore new ways to enhance care, deliver value, and improve outcomes for seniors. Expanding into new markets and continuously innovating will remain key pillars of our strategy.

11. Will employees working in regional clinical or corporate support areas be offered jobs with the new operators?

The new operators are eager to meet our regional directors, nurses, and other AHC and corporate support staff. We are working with them to create a process where you will be able to submit your credentials and work history through our HR system. These will be routed directly to their recruiters, who are excited to begin filling key roles in their organizations. There should be plenty of opportunities for you to pursue with the new operators.

12. How will I receive updates during the transition?

We will keep you informed throughout the transition process. Look for regular updates regarding timelines, changes, and what you can expect. Stay tuned for communications from your managers and HR representatives.

13. Who can I contact if I have more questions?

Please reach out to your immediate supervisor or HR representative if you have any questions. We are here to support you during this transition and ensure that all your concerns are addressed.

14. What should I focus on during this time?

Your focus should remain on delivering the excellent care and service that have made American Health Partners a leader in senior healthcare. The new operators will recognize the value of your work, and your continued dedication will be key to ensuring a smooth transition for everyone involved.

 

15. What are the details regarding PTO and Pay Outs?

PTO pay outs are still under review and as soon as we have a definitive answer, communications will be sent out accordingly.

The Extended Bank and Qualifying Leave Bank balances from legacy policies are not considered part of a PTO pay out. Please refer to the Employee Handbook for more on these two items