MEDICAL FAIR ASIA 2018

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HealthSouth Corporation Partners with University Medical Center Health System to build 40-bed Inpatient Rehabilitation Hospital in Lubbock, Texas

HealthSouth Corporation Partners with University Medical Center Health System to build 40-bed Inpatient Rehabilitation Hospital in Lubbock, Texas

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.

Specifications:

Name HealthSouth Corporation
Partner Name University Medical Center Health System
Location Lubbock, Texas
Type 40-bed Inpatient Rehabilitation Hospital
Estimated Cost Approx $20 Million

 

Source: investor.healthsouth.com

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