Commercial Real Estate Blog
Healthsouth Corp – Healthsouth And Novant Health Announce Plans To Build An Inpatient Rehabilitation Hospital
HealthSouth Corporation (NYSE: HLS) and Novant Health, Inc. , have formed a joint venture to file a Certificate of Need application to build a 68-bed, freestanding inpatient rehabilitation hospital in Winston-Salem, North Carolina . The Certificate of Need application requests that the rehabilitation unit currently located at the Novant Health Rehabilitation Center at 3333 Silas Creek Parkway in Winston-Salem be relocated to the newly constructed hospital, once complete. Upon approval of the Certificate of Need, the joint venture plans to begin construction on the new hospital in Winston-Salem. The new hospital will provide comprehensive, inpatient physical rehabilitation to patients who have experienced stroke, trauma, brain injury, complex orthopedic conditions as well as other major illnesses or injuries. “The joint venture with Novant Health – our first hospital in the State of North Carolina – is another milestone in our strategy of expanding HealthSouth’s outreach to new
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