HealthSouth And Memorial Health Announce Joint Venture To Operate Rehabilitation Hospital


HealthSouth Corporation and Memorial Health have signed an agreement to form a joint venture to own and operate a 50-bed inpatient physical rehabilitation hospital to be known as the Rehabilitation Hospital of Savannah. Initially, the Rehabilitation Hospital of Savannah will operate in the current location of Memorial Health’s 50-bed Rehabilitation Institute on Memorial University Medical Center’s campus at 4700 Waters Avenue in Savannah, Georgia and continue to serve patients with needs for intense physical rehabilitation.

The joint venture 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 experienced stroke, trauma, brain injury, complex orthopedic conditions as well as other major illnesses or injuries. “Memorial Health has a long history of providing excellent clinical care. This joint venture will uniquely position the hospital to continue to provide a high-quality physical rehabilitation program in a new, state-ofthe art facility,” said Linda Wilder, president of Health- South’s southeast region.

“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.”

“We are excited about this partnership and the value it brings to our community,” said Maggie Gill, president and CEO of Memorial Health. “Our collaboration with HealthSouth allows us to continue as a premier provider of inpatient rehabilitation services while enjoying the benefits of partnering with the nation’s largest rehabilitation hospital company.”

The Savannah Economic Development Authority (SEDA) provided valuable support and assistance in developing this project.

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. In addition, the formation and commencement of operations of the joint venture are subject to customary closing conditions.



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