Select Medical Corporation (NYSE: SEM) today announced a joint venture agreement with Alternate Solutions Health Network (ASHN) to bring home health and hospice services to its patients and families in select markets nationwide.
MECHANICSBURG, Pa. and KETTERING, Ohio, May 9, 2019 /PRNewswire/ -- Select Medical Corporation (NYSE: SEM) today announced a joint venture agreement with Alternate Solutions Health Network (ASHN) to bring home health and hospice services to its patients and families in select markets nationwide. Called Select At Home, the new collaboration will extend the recovery and care continuum post-discharge from Select Medical's specialty hospitals. The joint venture brings together the largest provider of post-acute care and the preeminent provider of home care and hospice solutions in partnership with health systems to deliver world-class, compassionate care for patients recovering or facing life-limiting illness at home. "ASHN's leadership and innovative model captured our attention, but what united us as partners was the depth of our mutually shared mission, vision and values," said Select Medical President and CEO David S. Chernow. "Our collective goal is to set the bar for exceptional, quality home care for the growing patient population that is in need of extended post-acute care services." Select Medical treats more than 78,000 patients per day across its post-acute continuum of care. Select At Home marks the company's nationwide entrance into the home health care and hospice market. Chernow added, "Select At Home will allow us to address a significant need raised by our premier health care system joint venture partners across the U.S. who look to extend their unmatched hospital-based medical rehabilitation and critical illness recovery care into the home." As a national leader in post-acute strategic partnerships, ASHN partners with health systems nationwide to integrate care and services in the comfort of the home to support the value based and population health initiatives of each health system. Based on a foundation of quality, compliance, and profitable growth, ASHN has been recognized with numerous National HomeCare Elite home care agency, Best Place to Work and Better Business Bureau Integrity Awards. "We are excited to partner with such an esteemed post-acute provider in Select Medical to help better serve its national network of patients," said Alternate Solutions Health Network Co-CEO David Ganzsarto. "Our experience partnering with health systems, synergistic culture, and focus on quality, innovation and efficiency will offer Select Medical and its partners access to integrated home health and hospice capabilities through Select At Home." About Alternate Solutions Health Network About Select Medical Media Contacts
SOURCE Select Medical Corporation |
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Company Codes: NYSE:SEM |