HealthSouth Corp., Birmingham, Ala., said its HealthSouth Rehabilitation Hospital of Wichita Falls (Texas) -- a joint partnership with United Regional Health Care System, Wichita Falls -- closed a deal to acquire 48-bed Wichita Valley Rehabilitation Hospital for undisclosed terms in an effort to consolidate services. Privately owned Wichita Valley will close as part of the transaction. HealthSouth Rehabilitation Hospital has 62 beds and the consolidation will allow the facility, which has not operated at full capacity, to provide a full spectrum of care, including general rehabilitation, speech therapy, and brain and spinal cord injury services, said Kristi Gilmore, a spokeswoman for HealthSouth. A representative for Wichita Valley was not available for comment. The consolidation is consistent with our strategy to focus on the post-acute sector and our core business of inpatient rehabilitative care, Mark Tarr, president of HealthSouths inpatient division, said in a news release. Gilmore did not have a timeline on the transition process, but said there is a possibility that HealthSouth would look to hire some Wichita Valley staff. -- by Jessica Zigmond
HealthSouth to acquire, close rehab hospital
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