CLEVELAND, June 10, 2014 /PRNewswire/ -- Cleveland Clinic and Select Medical have finalized an agreement to form a joint venture to enhance inpatient rehabilitation services in Northeast Ohio and improve access for patients with complex rehab needs.
As part of the joint venture, the two organizations will expand these services on Cleveland's West Side by building a new 60-bed adult inpatient rehabilitation hospital in Avon, Ohio. The two organizations have also entered into a management agreement, effective August 1, 2014, to enhance operations in existing Cleveland Clinic rehabilitation facilities.
As currently planned, the West Side rehabilitation hospital will be located in Avon next to Cleveland Clinic's Avon medical campus. Construction is expected to begin this summer with the goal of opening in late 2015.
In addition, the venture will establish a residency program for physicians in physical medicine and rehabilitation. Cleveland Clinic and Select Medical also share a goal of improving patient access to the highest quality post-acute and rehabilitation programs, as well as enhancing opportunities for employees.
The agreement is expected to expand Cleveland Clinic's post-acute care capabilities by adding to existing home care, hospice and skilled nursing facility programming. Additionally, the joint venture will be exploring further opportunities to expand services locally, nationally and internationally with the goal of continuing to improve post-acute care options more broadly for patients.
"We recognize that the best way for patients to heal and recover is to have their rehabilitation close to their family," said Robert Wyllie, M.D., Chief Medical Operations Officer, Cleveland Clinic. "This joint venture allows us to expand our services with a national leader in post-acute rehabilitation who has a proven record of partnering with academic medical centers, like Cleveland Clinic, to take care of the sickest patients."
Select Medical has partnered with a number of academic medical centers, including Baylor Health System in Texas, Penn State Hershey Medical Center in Pennsylvania, and both Cedars-Sinai and UCLA Health System in California.
"Between Cleveland Clinic's world-class reputation for excellence and our expertise in inpatient rehabilitation, there is terrific synergy between our two organizations," said David S. Chernow, President and Chief Executive Officer of Select Medical. "Through a shared commitment to delivering the best possible patient experience, I know that we can build something truly special in the post-acute care space."
About Cleveland Clinic
Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. U.S. News & World Report consistently names Cleveland Clinic as one of the nation's best hospitals in its annual "America's Best Hospitals" survey. More than 3,000 full-time salaried physicians and researchers and 11,000 nurses represent 120 medical specialties and subspecialties. The Cleveland Clinic health system includes a main campus near downtown Cleveland, eight community hospitals, more than 75 Northern Ohio outpatient locations, including 16 full-service Family Health Centers, Cleveland Clinic Florida, the Lou Ruvo Center for Brain Health in Las Vegas, Cleveland Clinic Canada, and, currently under construction, Cleveland Clinic Abu Dhabi. In 2012, there were 5.1 million outpatient visits throughout the Cleveland Clinic health system and 157,000 hospital admissions. Patients came for treatment from every state and from more than 130 countries. Visit us at www.clevelandclinic.org. Follow us at www.twitter.com/ClevelandClinic.
About Select Medical
Select Medical is one of the nation's largest providers of specialized acute and post-acute care. Its network of nearly 32,000 employees operates or supports more than 100 hospitals specializing in long-term acute care, 15 medical rehabilitation hospitals, and more than 1,000 outpatient clinics offering physical and occupational therapy. In addition, Select Medical offers contract therapy services at nearly 500 locations. It also offers physical therapy and/or athletic training to approximately 300 high schools, colleges, and professional sports teams. Select Medical (NYSE: SEM) was founded in 1996 and is based in Mechanicsburg, Pennsylvania. For more information, visit selectmedical.com or youtube.com/selectmedicaltv.
SOURCE Select Medical