OhioHealth to acquire hospital, expand joint venture

Columbus-based OhioHealth and Select Medical, an operator of long-term acute care and inpatient rehabilitation hospitals, have inked a definitive agreement to acquire the operating assets of Reunion Rehabilitation Hospital in Dublin, Ohio.

Advertisement

After closing, the hospital will be renamed OhioHealth Rehabilitation Hospital-Dublin. It will feature 40 private rooms and for patients recovering from stroke, spinal cord injury, brain injury, amputation, neurological disorders and orthopedic conditions.

The OhioHealth-Select Medical joint venture also operates the 74-bed OhioHealth Rehabilitation Hospital in Columbus and will break ground in spring on a 12-bed rehabilitation neuro transitional center in Dublin in the spring. It is expected to open a year later.

“OhioHealth is committed to providing advanced care, close to home,” Brian Jepson, president of OhioHealth’s central market, said in a Feb. 7 news release. “Joint ventures are a very important component of OhioHealth’s goal of offering exceptional care for our patients and their families, in addition to our OhioHealth sites around the state.”

The OhioHealth-Select Medical joint venture also includes 38 NovaCare outpatient physical therapy centers across Ohio. 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.