Select Medical, Scripps Health and UC San Diego Health today announced they have entered a joint venture partnership to serve the unmet post-acute critical illness recovery care needs of San Diego and surrounding communities.
| MECHANICBURG, Pa. and SAN DIEGO, June 21, 2021 /PRNewswire/ -- Select Medical Corporation, Scripps Health and UC San Diego Health today announced they have entered a joint venture partnership to serve the unmet post-acute critical illness recovery care needs of San Diego and surrounding communities. For Select Medical and UC San Diego Health, the agreement is an extension of an existing joint venture formed in 2018. As part of the deal, Scripps Health and UC San Diego Health both purchased interests in Select Medical’s existing critical illness recovery hospital, Select Specialty Hospital – San Diego, which is licensed as long-term acute care. Select Medical will retain majority ownership and management of the 110-bed facility. “Since opening Select Specialty Hospital – San Diego in 2019, there has been a steady increase in the need for specialty care among the region’s aging population facing chronic, critical illness,” said Tom Mullin, executive vice president and chief operating officer of specialty hospitals at Select Medical. “We look forward to partnering with Scripps Health, as well as expanding our relationship with UC San Diego Health, to continue providing world-class post-acute care to Southern California.” “We are pleased to join with Select Medical in our efforts to meet our patients’ needs,” said Richard Neale, corporate executive vice president/chief growth officer for Scripps Health. “It’s part of Scripps’ mission to collaborate to deliver the continuum of care that improves the health of our community. Partnering with the others in this venture helps us fulfill that mission.” “The expansion of this joint venture is an example of how our community of hospitals can collaborate to care for our most vulnerable patients,” said Patty Maysent, chief executive officer, UC San Diego Health. “With the comprehensive resources and clinical expertise of Select Medical and its partners across the region, we will have better transitions of care for all patients recovering from critical illness.” About Scripps Health Recognized as a leader in disease and injury prevention, diagnosis and treatment, Scripps is also at the forefront of clinical research. With three highly respected graduate medical education programs, Scripps is a longstanding member of the Association of American Medical Colleges. Scripps has been ranked five times as one of the nation’s best health care systems by Truven Health Analytics. Its hospitals are ranked No. 1 in San Diego County and among the best in the nation by U.S. News & World Report. Scripps also is recognized by Advisory Board, Fortune and Working Mother magazine as one of the best places in the nation to work. More information can be found at www.scripps.org. About UC San Diego Health About Select Medical Media Contact
SOURCE Select Medical Corporation | ||
Company Codes: NYSE:SEM |
View original content:
