tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Select Medical, Lutheran Health Network partner for Indiana JV

Select Medical Corporation (SEM) and Lutheran Health Network of Indiana, a subsidiary of Community Health Systems (CYH), announced the formation of a joint venture to provide inpatient rehabilitation and critical illness recovery care in Fort Wayne, Indiana. As part of the agreement, CHS will contribute its existing 36-bed Lutheran Health Network Rehabilitation Hospital of Fort Wayne, located at 7970 West Jefferson Blvd., to the joint venture. Additionally, the joint venture plans to build a new specialty hospital that will provide both inpatient rehabilitation and critical illness recovery services. Select Medical will serve as the majority owner and managing partner. The joint venture rehabilitation hospital will serve those recovering from debilitating illnesses and injuries including stroke and other neurological disorders, brain injury, spinal cord injury, amputation and other complex orthopedic conditions.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on SEM:

Disclaimer & DisclosureReport an Issue

1