Encompass Health and the University of Iowa Health System, the nonprofit corporation that supports the clinical, academic and research programs of University of Iowa Health Care, today announced they have entered into an agreement to jointly own a 40-bed, freestanding inpatient rehabilitation hospital currently under construction in Coralville, Iowa.
The hospital, which was announced by Encompass Health in early 2019, will be located near the southwest corner of Oakdale Boulevard and Coral Court in Coralville and is expected to open in the second quarter of 2020. It will be called University of Iowa Health Network Rehabilitation Hospital, a venture with Encompass Health.
“The university and Encompass Health share a mission of making a difference in lives of the patients we serve through high-quality, patient-centered care that is delivered in a multi-disciplinary setting,” said Troy DeDecker, president of Encompass Health’s central region. “This joint venture will allow Encompass Health to become a part of the well-known and highly respected healthcare services already being provided by the university, which will greatly benefit our future patients.”
“This collaboration with Encompass Health is good for Iowans who need an inpatient rehabilitation level of care,” says Brooks Jackson, M.D., M.B.A., University of Iowa Health Care Vice President for Medical Affairs and the Tyrone D. Artz Dean, Carver College of Medicine. “It means more patient care at the right place at the right time, and for the right cost, to achieve the right outcome.”
Complementing local acute care services like those provided by the university, the future hospital will serve patients recovering from a variety of debilitating illnesses and injuries including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. It offers physical, occupational and speech therapies as well as 24-hour nursing care that aim to restore functional ability and quality of life.
The formation of the joint venture is subject to customary closing conditions, and the joint venture’s operation of the future hospital is subject to regulatory approvals.
A press release was issued on Jan. 28, 2020.