Deal struck to bring rehabilitation hospital to ShorePoint Health Venice campus
VENICE – Select Medical, a post-acute care recovery hospital, and ShorePoint Health Venice announced a joint venture partnership Monday that will establish a long-term care inpatient hospital on two floors of the Venice hospital.
Earlier: Three area hospitals earn A's in Leapfrog Report
Select Medical will be the majority owner and managing partner of the new hospital, which will be on the third and fourth floor of the hospital, at 540 The Rialto.
“We look forward to partnering with ShorePoint Health Venice to address the growing need for specialty care among high acuity patients in Venice and surrounding communities,” Tom Mullin, executive vice president of hospital operations at Select Medical, said in a prepared statement. “This joint venture also further expands Select Medical’s post-acute care footprint in Florida, which currently includes 12 Select Specialty critical illness recovery and two inpatient rehabilitation hospitals.”
Earlier: ShorePoint Health Venice forms strategic alliance with Millennium Physicians Group
Select Specialty Hospital will host 25 critical illness recovery beds and 28 beds for inpatient recovery on the ShorePoint Health Venice campus.
Renovation work on the two floors is scheduled to start this summer, with a goal of opening in the first quarter of 2023.
ShorePoint Health Venice CEO Kelly Enriquez, in the same statement said: ”Through this joint venture, patients will transition more effectively to specialized care after their immediate acute care needs have been met.
“Select Medical’s expertise in operating critical illness recovery and inpatient rehabilitation hospitals will complement the acute care services ShorePoint Health Venice provides, allowing for improved health outcomes for our patients.”
ShorePoint Health Venice, a subsidiary which rebranded from Venice Regional Bayfront Health late last year, earned an A from the LeapFrog Group on its Hospital Safety report cards.
The current hospital campus is equipped as a 312-bed acute care hospital.
Select Medical, based in Mechanicsburg, Pennsylvania, is one of the largest medical providers of its type in the country.
As of March 31, Select Medical operated 105 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,901 outpatient rehabilitation clinics in 38 states and the District of Columbia.
More information on Select Medical can be found at https://www.selectmedical.com.
More information on ShorePoint Health Venice can be found at https://www.shorepointhealthvenice.com.
Select Medical’s entry into Venice is only the most recent rehabilitation hospital to announce expansion plans in the region.
Related: Venice board approves site plan for rehab hospital
Last year, Post Acute Medical Rehab Hospital announced plans to open a 42-bed facility off of Pinebrook Road, just south of the new Sarasota Memorial Hospital Venice campus.
Earle Kimel primarily covers south Sarasota County for the Herald-Tribune and can be reached at earle.kimel@heraldtribune.com. Support local journalism with a digital subscription to the Herald-Tribune.
This article originally appeared on Sarasota Herald-Tribune: Select Medical and ShorePoint Health Venice strike a partnership
