Select Medical and ShorePoint Health Venice, a subsidiary of Community Health Systems, announce the formation of a joint venture partnership to operate a combined critical illness recovery (licensed as long-term care) and inpatient rehabilitation hospital in Venice, Florida. The new hospital will be located on the third and fourth floors of ShorePoint Health Venice and branded Select Specialty Hospital – Venice. Select Medical will serve as the majority owner and managing partner.
“We look forward to partnering with ShorePoint Health Venice to address the growing need for specialty care among high acuity patients in Venice and surrounding communities,” said Tom Mullin, executive vice president of hospital operations at Select Medical. “This joint venture also further expands Select Medical’s post-acute care footprint in Florida, which currently includes 12 Select Specialty critical illness recovery and two inpatient rehabilitation hospitals.”
Select Specialty Hospital – Venice will include 25 critical illness recovery beds, and 28 beds dedicated to inpatient rehabilitation. Renovation construction will begin this summer with an expected opening in Q1 2023.
“Through this joint venture, patients will transition more effectively to specialized care after their immediate acute care needs have been met,” said Kelly Enriquez, chief executive officer for ShorePoint Health Venice. “Select Medical’s expertise in operating critical illness recovery and inpatient rehabilitation hospitals will complement the acute care services ShorePoint Health Venice provides, allowing for improved health outcomes for our patients.”
[Source(s): Select Medical Corporation, PR Newswire]