MECHANICSBURG, Pa. and GRAND RAPIDS, Mich., March 30, 2017 /PRNewswire/ -- Select Medical Corporation, a wholly-owned subsidiary of Select Medical
Holdings Corporation (NYSE: SEM), and Spectrum Health, a not-for-profit health system, today announced a joint venture to operate
a long-term acute care hospital (LTACH) on the Spectrum Health Blodgett Hospital campus in East Grand
Rapids, Michigan. The planned 36-bed LTACH is expected to open in summer 2017, subject to regulatory
approvals.
"Our joint venture with Spectrum Health serves a growing need for patients with highly complex medical needs requiring
long-term acute care," said Select Medical President of LTACH Brian Davis. "As an
award-winning hospital that shares our mission to deliver a high quality, exceptional patient experience, we're confident that
Select Medical and Spectrum Health will be an outstanding partner in Grand Rapids for many years
to come."
"We are pleased to team with Select Medical to offer long-term acute care in Grand Rapids,"
said Tina Freese Decker, president, Spectrum Health Hospital Group. "Spectrum Health has a long
history of providing high quality, compassionate and personalized patient care and this partnership underscores our commitment to
provide best-in-class care to our system, better serving the community."
Select Medical operates 11 LTACHs in Michigan, and more than 100 nationwide. The Select
Medical-Spectrum Health venture will acquire Spectrum Health Special Care Hospital, the LTACH currently operated by Spectrum
Health.
About Spectrum Health
Spectrum Health is a not-for-profit health system, based in West Michigan, offering a
full continuum of care through the Spectrum Health Hospital Group, which is comprised of 12 hospitals, including Helen DeVos
Children's Hospital; about 180 ambulatory and service sites; more than 3,200 physicians and advanced practice providers,
including about 1,400 members of the Spectrum Health Medical Group; and Priority Health, a health plan with about 790,000
members. Spectrum Health is West Michigan's largest employer, with 25,300 employees. The
organization provided more than $326 million in community benefit during its 2016 fiscal year.
Spectrum Health was named one of the nation's 15 Top Health Systems—and in the top five among the largest health systems—by
Truven Health Analytics™ for 2016. This is the fifth time the organization has received this recognition. More information is
available at spectrumhealth.org.
About Select Medical Holdings Corporation
Select Medical began operations in 1997 and has grown to be one of the largest operators of specialty hospitals,
outpatient rehabilitation clinics and occupational health centers in the United States based on
the number of facilities. As of December 31, 2016, Select Medical operated 103 long-term acute care hospitals and 20 acute
medical rehabilitation hospitals in 27 states and 1,611 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical's joint venture subsidiary Concentra operates 300 centers in 38 states.
Concentra also provides contract services at employer worksites and Department of Veterans Affairs community-based outpatient
clinics. At December 31, 2016, Select Medical had operations in 46 states and the District of
Columbia. Information about Select Medical is available at www.selectmedical.com.
Media Contacts:
Shelly Eckenroth for Select Medical
717-920-4035 or seckenroth@selectmedical.com
Melissa Kamara Liggins for Spectrum Health
616-391-7920 or melissa.kamaraliggins@spectrumhealth.org
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/select-medical-and-spectrum-health-form-joint-venture-to-provide-long-term-acute-care-to-grand-rapids-community-300431675.html
SOURCE Select Medical Holdings Corporation