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HealthSouth Corporation and Memorial Hospital at Gulfport launch joint venture

HealthSouth Corporation (NYSE:  HLS) and Memorial Hospital at Gulfport recently began joint operations of a 33-bed physical rehabilitation hospital at Memorial Hospital at Gulfport.  The hospital was previously operated by Memorial Hospital at Gulfport as a unit within its acute care hospital.

The inpatient rehabilitation hospital will remain in its current location at 4500 13th St. in Gulfport. There will be no interruption to care provided to patients. The hospital will continue to serve patients who have experienced stroke, trauma, brain and orthopedic injuries and other major illnesses or injuries.

“Memorial Hospital at Gulfport has a long history of providing excellent care. The joint venture will provide residents with continued access to high-quality physical rehabilitative care distinguished by intensive, individualized therapy and advanced technologies,” said Linda Wilder, president of HealthSouth’s southeast region. “We look forward to working together with Memorial Hospital at Gulfport to provide high-quality rehabilitative care in a hospital setting, designed to restore and strengthen patients so they can return to their highest possible level of independence.”

“Given the Medicare program’s increasing emphasis on the standardization of rehabilitation services, we determined that a national partner will be in the best position to monitor ongoing regulatory actions, promote referral relationships throughout the region and attain the growth necessary for rehabilitation services to be viable over the long-term,” said Gary G. Marchand, Memorial president and CEO.

Memorial will continue to have an ownership interest in the new operation and services will be provided as HealthSouth Rehabilitation Hospital of Gulfport.

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