Select Medical & Ballad Health Agree To Operate Joint Venture Critical Illness Recovery Hospital
Select Medical Corporation signed a membership interest purchase agreement with Ballad Health to jointly operate Select Specialty Hospital –Tri-Cities, a critical illness recovery hospital in Kingsport, Tennessee. Select Medical will serve as the majority owner and managing partner of the 46-bed joint venture hospital with Ballad Health. Select Medical operates six other critical illness recovery hospitals throughout Tennessee, in Jackson, Knoxville, Memphis, Nashville, and Powell.
Ballad Health is an integrated community health improvement organization serving 29 counties of the Appalachian Highlands in Northeast Tennessee, Southwest Virginia, Northwest North Carolina, and Southeast Kentucky. It serves nearly 1 million people . . .