HealthSouth Corporation Partners with University Medical Center Health System to build 40-bed inpatient rehabilitation hospital

Specifications:

Name:

HealthSouth Corporation Partners with University Medical Center Health System to build 40-bed inpatient rehabilitation hospital

Location:

Lubbock, Texas

Company:

HealthSouth Corporation

Estimated Cost:

Approx $20 Million

Source:

www.investor.healthsouth.com

Introduction:

HealthSouth Corporation and University Medical Center Health System announced they have entered into an agreement to build a 40-bed inpatient rehabilitation hospital in Lubbock, Texas.

Features:

The hospital will be built in a UMC Health System development on North Slide Road. Construction will begin in spring 2018, and the hospital is expected to start providing comprehensive physical rehabilitation services to patients in spring 2019.

It will serve patients who have experienced stroke, trauma, brain and orthopedic injuries and other major illnesses or injuries.

The new hospital represents an investment in the community of approximately $20 million and will provide up to 116 new full-time jobs. The formation of the joint venture is subject to customary closing conditions, and the joint venture's operation of the new hospital is subject to regulatory approvals.