Ochsner Health System and Select Medical Form Strategic Partnership and Announce New 60-Bed Hospital

New Hospital to Expand Much Needed In-Patient Rehabilitation Services in New Orleans

Jefferson, Louisiana – Ochsner Health System (“Ochsner”) and Pennsylvania-based Select Medical Corporation (“Select Medical”) announced they have signed an agreement to jointly open a new, 60-bed, acute inpatient rehabilitation hospital in 2016. The strategic partnership creates a limited liability company between Ochsner and Select Medical. Construction is expected to begin in early 2016.

Ochsner, a nationally ranked, regional referral center and the leading health system in the state, serves patients from across Louisiana, every state in the nation, and more than 90 different countries. Select Medical is a national leader in providing specialized healthcare, including inpatient rehabilitation services. The new partnership will initially focus on managing Ochsner’s current acute rehab services provided in a 29-bed unit, which is licensed separately as a hospital, within the Ochsner Medical Center-Elmwood Campus.

“Part of serving as a national destination for healthcare is ensuring that patients and their families have access to the right setting for the right outcome, and that’s especially true when acute rehabilitation is needed,” said Warner Thomas, President & CEO, Ochsner Health System. “For Ochsner, it also means finding the right partner in Select Medical. Together, our shared commitment to patient safety and high-quality outcomes will benefit Louisiana for years to come.”

“We plan to build on the great success Ochsner already achieves for patients in need of physical rehabilitation,” said David S. Chernow, President & CEO, Select Medical. “People want continued access to top-level care, and by partnering with a great provider like Ochsner, they are going to have it. Ochsner Rehabilitation Hospital will serve the growing need for inpatient rehabilitation in and around New Orleans. We look forward to a long partnership to help people in Louisiana rebuild lives.”

Once fully operational, Ochsner Rehabilitation Hospital is expected to employ 180 therapists, nurses and other specialists. This new inpatient rehabilitation hospital will offer the most advanced treatments available in the region for patients with spinal cord and brain injuries, stroke, amputation, neurological disorders and musculoskeletal and orthopedic conditions. Select Medical currently has 17 inpatient rehabilitation hospitals in its network, many of which are part of similar joint ventures with major healthcare or academic systems. A full list of partners is published at SelectMedical.com/partners. Consistently ranked by US News and World Report as the nation’s number two rehabilitation hospital, Select Medical’s renowned Kessler Institute for Rehabilitation in New Jersey will provide significant support for the new hospital –including specialized services and enhanced access to research and clinical education.

About Ochsner

Ochsner Health System is Louisiana’s largest non-profit, academic, healthcare system. Driven by a mission to Serve, Heal, Lead, Educate and Innovate, coordinated clinical and hospital patient care is provided across the region by Ochsner's 25 owned, managed and affiliated hospitals and more than 50 health centers. Ochsner is the only Louisiana hospital recognized by U.S. News & World Report as a “Best Hospital” across nine specialty categories caring for patients from all 50 states and more than 90 countries worldwide each year Ochsner employs more than 17,000 employees, nearly 1,000 physicians in over 90 medical specialties and subspecialties and conducts over 750 clinical research studies. Ochsner Health System is proud to be a tobacco-free environment. For more information, please visit ochsner.org and follow us on Twitter and Facebook.

About Select Medical

Select Medical is one of the nation's largest providers of specialized care. Select Medical’s more than 40,000 employees operate or support more than 100 hospitals specializing in long-term acute care, 17 inpatient rehabilitation hospitals, and nearly 1,500 outpatient centers offering physical and occupational therapy and/or occupational medicine. It also offers physical therapy and/or athletic training to approximately 300 high schools, colleges, and professional sports teams. In addition, Select Medical also provides medical rehabilitation services on a contracted basis to more than 400 nursing homes, hospitals, assisted living and senior care centers, schools and work sites.

Select Medical and its parent company, Select Medical Holdings Corporation (NYSE: SEM), are based in Mechanicsburg, Pennsylvania. For more information, visit selectmedical.com or youtube.com/SelectMedicalTV.


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