Select Medical and AtlantiCare have entered into a joint venture agreement to own and manage operations for a new inpatient rehabilitation hospital.
Select Medical announced a joint venture agreement with AtlantiCare to own and manage operations of a new inpatient rehabilitation hospital and 13 outpatient physical therapy centers throughout the southeastern region of New Jersey.
Expected to open in 2024/2025, the new inpatient rehabilitation hospital will carry the Bacharach Institute for Rehabilitation name and serve patients recovering from debilitating illnesses and injuries, including stroke and other neurological disorders, brain injury, spinal cord injury, amputation, and other complex orthopedic conditions.
Select Medical will serve as the majority owner and managing partner across the two post-acute care lines. Subject to state approvals, the construction of the new hospital in Galloway Township, NJ, will begin this year.
“We are pleased to partner with AtlantiCare to meet the advanced and growing needs of inpatient and outpatient rehabilitative care throughout Atlantic County,” said Tom Mullin, executive vice president of hospital operations at Select Medical. “Together, we will provide a full continuum of coordinated care built on clinical excellence, quality, and outcomes that help patients heal, recover and return to the community.”
Under the agreement, Select Medical will contribute 13 outpatient physical therapy centers under its NovaCare Rehabilitation brand. All are currently operating in the southeastern region.
“As our partnership with Select Medical has developed, so too have the possibilities for patient care in our region,” said Lori Herndon, president and chief executive officer of AtlantiCare. “Staying at the forefront of healthcare and growing access to critical services is part of how we build healthy communities. With Select Medical, we will be able to continue to deliver on that important mission.”
Outpatient programs and services available at NovaCare Rehabilitation centers include physical therapy, occupational therapy, hand therapy, pelvic health, sports medicine, cancer rehabilitation, and more.
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