RehabCare Group LTACH Capital Projects for 2009 and 2010

Posted by Jason Greis on January 8, 2009 under Industry News | Be the First to Comment | Print Print

RehabCare Group, Inc. and Methodist Medical Center plan to open a 56,000 square foot, 50-bed freestanding LTACH in Peoria, Illinois in the third quarter of 2009.  The parties are joint venture partners in the project, with RehabCare owning a majority ownership interest in the new LTACH.  RehabCare also has two additional LTACH capital projects planned for 2010.  RehabCare plans to open a new freestanding facility in the third quarter of 2010 in Austin, Texas with its joint venture partner The Seton Family of Hospitals.  The facility will house both the Central Texas Specialty Hospital, a 40-bed LTACH, and a new 36-bed inpatient rehabilitation facility.  RehabCare and its joint venture partner, Floyd Healthcare Resources, also plan a 21-bed expansion of their existing 24-bed HwH located on the grounds of Floyd Medical Center in Rome, Georgia.

 

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