US-based healthcare organisations HealthSouth and Memorial Health have agreed to form a joint venture (JV) to operate the Rehabilitation Hospital of Savannah, in Georgia, US.
The JV, the formation and commencement of operations of which are subject to customary closing conditions, will focus on building and operating a new 50-bed inpatient physical rehabilitation hospital.
Go deeper with GlobalData
Under the agreement, the hospital will initially operate at Memorial Health’s 50-bed Rehabilitation Institute on Memorial University Medical Center’s campus at 4700 Waters Avenue in Savannah.
Expected to be completed in early 2016, the new hospital will provide inpatient physical rehabilitation to patients suffering from stroke, trauma, brain injury, complex orthopedic conditions as well as other major illnesses or injuries.
HealthSouth south-east region president Linda Wilder said the partnership will enable the hospital to continue to provide a high-quality physical rehabilitation programme 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 added.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataMemorial Health president and CEO Maggie Gill said: "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 building of the hospital is subject to further regulatory review and approval by the Georgia Department of Community Health.
Memorial Health is a two-state healthcare organisation that operates a 654-bed academic medical centre; memorial primary and speciality physician networks; and a major medical education programme.
HealthSouth operates with a network of inpatient rehabilitation hospitals, outpatient rehabilitation satellite clinics and home health agencies.
