BIRMINGHAM, Ala. and SAVANNAH, Ga., April 1, 2015 /PRNewswire/ — HealthSouth Corporation (NYSE: HLS) and Memorial Health today began joint operations of Savannah Rehabilitation Hospital, a 50-bed inpatient rehabilitation hospital. The hospital provides comprehensive physical rehabilitation to patients who have experienced stroke, trauma, brain and orthopedic injuries or other major illnesses or injuries.
Savannah Rehabilitation Hospital is currently operating on Memorial University Medical Center’s campus at 4700 Waters Avenue in Savannah, Georgia. HealthSouth and Memorial Health began building a new 50-bed state-of-the-art physical rehabilitation hospital during the first quarter of 2015. The new hospital will be located at 6510 Seawright Drive in Savannah.
“This hospital provides residents of Savannah and the surrounding areas with continued access to high-quality physical rehabilitative care distinguished by intensive, individualized therapy and advanced technologies,” said HealthSouth Southeast Region President Linda Wilder. “The tremendous dedication and tireless efforts of Memorial Health, HealthSouth and our employees ensure a seamless transition for our patients with no interruptions to service or patient care.”
“We are excited about this partnership and the value it brings to our community,” said Maggie Gill, president and CEO of Memorial Health. “Our collaboration with HealthSouth allows us to continue as a premier provider of inpatient rehabilitation services while enjoying the benefits of partnering with the nation’s largest rehabilitation hospital company.”
About Memorial Health
Memorial Health is a two-state healthcare organization serving a 35-county area in southeast Georgia and southern South Carolina. The system includes its flagship hospital, a 654-bed academic medical center; Memorial primary and specialty physician networks; a major medical education program; business and industry services; and NurseOne, a 24-hour call center. To learn more, visit www.memorialhealth.com. You can follow us at facebook.com/memorialhealth, twitter.com/mymemorial, youtube.com/memorialhealth, and google plus/+memorialhealth.
About HealthSouth
HealthSouth is one of the nation’s largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 33 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. HealthSouth can be found on the web at www.healthsouth.com.
Forward-Looking Statements
Statements contained in this press release which are not historical facts, such as those relating to the timing of the construction of the new hospital, are forward-looking statements. In addition, HealthSouth may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and HealthSouth undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. HealthSouth’s actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, the regulatory review and approval process, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against the Company; the possibility that this project will experience unexpected delays; the ability to successfully complete and integrate this project consistent with HealthSouth growth strategy, including realization of anticipated revenues, cost savings, and productivity improvements arising from the related operations and avoidance of unforeseen exposure to liabilities; changes in the regulation of the healthcare industry at either or both of the federal and state levels; competitive pressures in the healthcare industry and HealthSouth’s response thereto; the hospital’s ability to maintain proper local, state and federal licensing; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of HealthSouth’s information systems; HealthSouth’s ability to attract and retain nurses, therapists, and other healthcare professionals in a highly competitive environment with often severe staffing shortages and the impact on HealthSouth’s labor expenses from potential union activity and staffing shortages; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for HealthSouth’s services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in HealthSouth’s SEC filings and other public announcements, including HealthSouth’s Form 10-K for the year ended December 31, 2014.
HEALTHSOUTH CONTACTS:
Media: Casey Lassiter, 205-410-2777
Investor Relations: Mary Ann Arico, 205-969-6175
MEMORIAL HEALTH CONTACT:
Media: Michael Notrica 912-350-6858
SOURCE HealthSouth Corporation
