DaVita HealthCare Partnersthe Denver-based international kidney-care provider and medical group, has announced plans to acquire the Everett Wash. Clinic, a physician independent practice located north of Seattle.
This summary may not contain all of the details concerning the Spin-Off or other information that may be important to you.
To better understand the Spin-Off and QCP's business, you should carefully review this entire information statement. This information statement has been prepared on a prospective basis on the assumption that, among other things, the Spin-Off and the related transactions contemplated to occur prior to or contemporaneously with the Spin-Off will be consummated as contemplated by this information statement.
There can be no assurance, however, that any or all of such transactions will occur or will occur as so contemplated. You should not assume that the information contained in this information statement is accurate as of any date other than the date set forth on the cover.
Changes to the information contained in this information statement may occur after that date, and we undertake no obligation to update the information, except in the normal course of our public disclosure obligations as required by applicable law. In particular, a number of matters contained in this information statement relate to agreements or arrangements that have not yet been finalized and expectations of what may occur.
Prior to the Spin-Off, it is possible that these agreements, arrangements and expectations may change. Our primary tenant is HCRMC, one of the nation's largest providers of post-acute, memory care and hospice services.
We will receive all of the proceeds from the divestitures and will use the proceeds to pay amounts owed, if any, under the Promissory Notes as defined below.
Our obligation to satisfy the Promissory Notes will not be contingent on the divestitures. Following the Spin-Off, QCP will be led by a dedicated management team with a collective track record of active management of large-scale healthcare operations and real estate portfolio management, large company workouts in both healthcare and REIT environments, and successfully launching and managing a public spin-off.
Our executive compensation and incentive arrangements will be designed to motivate the QCP management team to successfully execute our business strategy. We expect our revenues to be derived primarily from the Master Lease. Federal Income Tax Considerations.
HCRMC focuses on providing high-quality post-acute care to patients. Post-acute care patients often require intensive rehabilitation therapy in order to maximize their recoveries. Services rendered to them are typically reimbursed by Medicare, managed care or other insurance, which generally provide higher reimbursement rates than Medicaid.
These business lines are dedicated to providing residents with personal care services and assistance with activities of daily living as well as, if applicable, dementia care.
The remaining facilities provide assisted and independent living services. From tothe revenues and operating margin from this segment have grown, on a compound annual basis, by 3.
The decline accelerated during the second half of the year, driven, in part, by disruptions from exiting the non-strategic properties. The consummation of the Spin-Off itself will not result in any changes to the Master Lease.
Effective immediately upon the Spin-Off, we will enter into agreements with HCP that set forth the relationship between us and HCP, principally relating to transition, tax, employee and other matters resulting from the Spin-Off.
HCP, or one of its subsidiaries, is also expected to be the sole lender under our unsecured revolving credit facility.
HCP will also be the obligee under the Promissory Notes.
Other than as provided in those agreements, we do not anticipate having any substantive continuing relationship with HCP following the Spin-Off. HCP's stockholders will receive cash in lieu of any fractional shares of our common stock which they would have otherwise received.
The internal restructuring includes the following steps:Investor Relations. Quick Links HCP owns a large-scale portfolio primarily diversified across life science, medical office and senior housing.
Recognized as a global leader in sustainability, HCP has been a publicly-traded company since and was the first healthcare REIT selected to the S&P index. Washington’s State Trust Lands Habitat Conservation Plan (HCP) is an ecosystem-based forest management plan that helps DNR develop and protect habitat for at-risk species while carrying out forest management and other activities on the state trust lands it manages for revenue to build public schools, universities and other state institutions.
A conservation program to avoid, minimize, and mitigate for project activities would be implemented as described in the applicant's proposed habitat conservation plan (HCP). PG&E’s first habitat conservation plan was the San Joaquin Valley O&M HCP, implemented in It spans nine counties in the central valley: San Joaquin, Stanislaus, Merced, Fresno, Kings, Kern, Mariposa, Madera and Tulare.
An HCP is a conservation planning tool intended to provide regulatory certainty for local land owners, business interests, regulators, and the scientific and conservation communities. Gulf County Habitat Conservation Plan. 48 meanings of HCP acronym and HCP abbreviation. Get the Medical definition of HCP by All Acronyms dictionary.
Top Definition: Health Care Professionals In Medical dictionary category.