Encompass Health Corp. (NYSE: EHC) and Covenant Health today announced they will enter into a joint venture to own and operate Covenant Health’s Patricia Neal Rehabilitation Center. Serving the area since 1978, Patricia Neal Rehabilitation Center is located inside the Fort Sanders Regional Medical Center in Knoxville, Tennessee. Encompass Health and Covenant Health plan to jointly file two certificate of need applications. The first application will be to build a new 51-bed, freestanding inpatient rehabilitation hospital on Covenant Health’s Fort Sanders West campus in Knoxville. A second application will be filed to renovate and convert the existing Patricia Neal Rehabilitation Center to a 22-bed hospital-in-hospital structure, where the hospital’s semi-private rooms will be converted to all private rooms with private bathrooms.
Read the full article: Encompass Health and Covenant Health Announce Joint Venture to Own and Operate Inpatient Rehabilitation Hospitals in Knoxville, Tennessee //
Source: https://www.prnewswire.com/news-releases/encompass-health-and-covenant-health-announce-joint-venture-to-own-and-operate-inpatient-rehabilitation-hospitals-in-knoxville-tennessee-301086652.html