HealthSouth Corporation and Memorial Health have announced plans to form a joint venture to own and operate a 50-bed inpatient rehabilitation hospital known as the Rehabilitation Hospital of Savannah. The two organizations recently signed an agreement to form the joint venture, according to a news release.
The release states that initially, the Rehabilitation Hospital of Savannah will operate in the current location of Memorial Health’s 50-bed Rehabilitation Institute on Memorial University Center’s campus. The joint venture targets plans to begin building a new 50-bed replacement inpatient rehabilitation hospital, which is expected to be completed in early 2016 and will provide comprehensive, state-of-the art inpatient physical rehabilitation to patients who have sustained stroke, trauma, brain injury, and have complex orthopedic conditions as well as other major illnesses or injuries.
Linda Wilder, president of HealthSouth’s southeast region, says that with Memorial Health’s long history of providing excellent clinical care, the joint venture uniquely positions the hospital to continue to provide a high-quality physical rehabilitation in a new, state-of-the art facility.
“We look forward to working together with Memorial Health to provide inpatient rehabilitative treatment and technology to the residents of Savannah and the surrounding areas,” Wilder says.
Maggie Gill, president and CEO of Memorial Health echoes Wilder’s sentiment, articulating the organization’s excitement about the partnership, “We are excited about this partnership and the value it brings to our community.” The collaboration also allows Memorial Health to continue to serve as a provider of inpatient rehabilitation services while enjoying the benefits of partnering with one of the nation’s largest rehabilitation hospital companies.
The release also notes that the Savannah Economic Development Authority (SEDA) provided key support and assistance in developing the project.
Trip Tollison, SEDA president and CEO, states “As one of the country’s leaders in post-acute care rehabilitation services, HealthSouth will bring valuable expertise, investment and jobs to Savannah/Chatham County. We look forward to a long and prosperous relationship with HealthSouth.”
The establishment and relocation of the Rehabilitation Hospital of Savannah are subject to further regulatory review and approval by the Georgia Department of Community Health.
Source(s): Memorial Health, HealthSouth