News

Select Medical Partners with Ballad Health for New Hospital

Select Medical Partners with Ballad Health for New Hospital

Select Medical Announces Partnership with Ballad Health

Select Medical Corporation has recently taken a major step in patient care by signing a membership interest purchase agreement with Ballad Health. This strategic collaboration aims to jointly operate Select Specialty Hospital – Tri-Cities, a facility dedicated to critical illness recovery. The hospital will be relocated to Ballad Health's Indian Path Community Hospital, marking its transformation into a new hospital-in-hospital setup.

Details of the Joint Venture

Under this partnership, Select Medical will hold the majority ownership and assume the role of managing partner for the 46-bed hospital. Originally situated at Ballad Health's Bristol Regional Medical Center, the facility will make its move to Indian Path Community Hospital upon receiving regulatory approval. This strategic relocation is anticipated to enhance service delivery and improve patient outcomes significantly.

Commitment to Community Health

Tom Mullin, president of Select Medical, expressed the organization's longstanding commitment to fulfilling the region's post-ICU care needs. He stated, "We have served the growing post-ICU care needs of the region for more than 25 years. This partnership with Ballad Health will provide the opportunity to help even more critically ill patients heal and recover, allowing them to return to their families and community." This collaborative effort is not just about operating a hospital; it's about making a meaningful difference in patients' lives.

Ballad Health's Perspective

Marvin Eichorn, executive vice president and chief administrative officer at Ballad Health, emphasized the importance of this venture. He conveyed that the relocation reflects Ballad Health's commitment to delivering specialized care tailored to community needs. Through this collaboration, they can expand access to critical illness recovery services efficiently and effectively.

A Step Forward in Healthcare Services

Dr. Chad Couch, northern region president at Ballad Health, highlighted the significance of this move towards improving post-acute care. By relocating Select Specialty Hospital – Tri-Cities to Kingsport, the health system can better align services and ensure that patients receive the specialized care they require, all while being close to home.

Scope of Operations

Select Medical operates six additional critical illness recovery hospitals across Tennessee in cities such as Jackson, Knoxville, Memphis, Nashville, and Powell. This expansive network enhances their ability to address the healthcare needs of diverse communities within the state.

Overview of Ballad Health

Ballad Health stands as an integrated community health organization committed to improving health across 29 counties in the Appalachian Highlands. They manage 20 hospitals, behavioral health services, and a multi-specialty physician group that collaborates actively with local medical communities. Their goal is to serve nearly one million people while leading in value-based health initiatives.

About Select Medical

Ranked among the largest operators of critical illness recovery hospitals in the United States, Select Medical is dedicated to providing high-quality healthcare. As of March 31, 2025, they operated 104 critical illness recovery hospitals across 29 states, along with rehabilitation hospitals and outpatient clinics. Their widespread operations underscore their commitment to delivering exceptional care.

Frequently Asked Questions

What is the purpose of the partnership between Select Medical and Ballad Health?

The partnership aims to jointly operate a critical illness recovery hospital, enhancing care for patients in the region.

Where will the new hospital be located?

The Select Specialty Hospital – Tri-Cities will be relocated to Indian Path Community Hospital in Kingsport.

What benefits does the relocation bring?

The move aims to improve service delivery, enhance patient care experiences, and expand access to essential health services.

How long has Select Medical been operational?

Select Medical has been serving post-ICU care needs for more than 25 years.

What kinds of facilities does Select Medical operate?

Select Medical operates critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics throughout the United States.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Joshua Davenport: Celebrating 25 Years in Healthcare

Updated Category News Views 1

25 Years Strong: Davenport's Journey in Healthcare Not every day you celebrate someone who's spent a quarter of a century in the trenches of healthcare. Joshua L. Davenport, RN, isn't just clocking years; he's built a legacy in emergency nursing and occupational health that speaks volumes about resilience and commitment to others. From Humble Beginnings to Health...

Continue Reading
Denarius Metals Unveils Technical Insight for Toral Project

Updated Category News Views 2

Denarius Metals Shares Tech Report on Toral Project It's a curious moment in the mining world when Denarius Metals decides to drop their latest gem—a technical report on the Toral Project. We're talking about a full-bodied document rooted in the stringent National Instrument 43-101 standards. This isn't some half-baked release; it's a robust assertion of where they...

Continue Reading
Hi3D Unlocks AI 3D Model for Open-Source Innovation

Updated Category News Views 6

A New Era in 3D Model Accessibility Unless you’ve been hiding under a rock, it’s hard to miss how digital terraforming has shifted gears. With Hi3D V1.0 opening its doors, the playing field's getting a major reshuffle. Or, as they say, the table is being set, and everyone's getting a seat. By letting loose production-validated AI tools, Hi3D is throwing down the...

Continue Reading
Better Home & Finance Faces Class Action: What's Next?

Updated Category News Views 3

Stock Hit and Legal Drama Panic set in when Better Home & Finance Holding Company took a 28.5% nosedive after spilling some less-than-sweet news. Their promise of hitting a billion in monthly loans? Stuck in limbo as borrower trepidation reared its ugly head amidst rising rates. Investors felt the heat, watching shares skydive $12.17, landing them at a bruised $30.52. A...

Continue Reading
FOX News Revamps 2026 Election Coverage Playbook

Updated Category News Views 2

Revamped Coverage: More Than Just Breaking News Yeah, everyone's clamoring about the midterms, but Fox News is doing more than just flipping on the camera and breaking the news every few minutes this year. They're rolling out the big guns: AI chatbots, flashy graphics, and special shows across multiple platforms. The point? To get viewers practically hooked and give 'em...

Continue Reading
Anavex Faces Securities Lawsuit: Investor Implications

Updated Category News Views 4

Storm Clouds Over Anavex: What Investors Need to Know If you've got a slice of Anavex Life Sciences Corp. (NASDAQ: AVXL) in your portfolio, the latest chapter of their legal saga feels less like a twist and more like a twist of the knife. These lawsuits often come out of left field for investors, but this one seems like a slow train that’s been gathering steam for a...

Continue Reading
Dimora Medical Boosts Advanced Wound Care at HS Conference

Updated Category News Views 3

Empowering the HS Community with Innovations Look, if you’ve walked a mile in someone else's shoes—particularly ones dealing with hidradenitis suppurativa (HS)—you’d know what a relentless grind managing those exuding wounds can be. Dimora Medical, known for navigating the tricky territory of wound care, threw its hat into the ring at the HS Connect Empower...

Continue Reading
Disorderly Magic: New Lithium Batteries Breakthrough

Updated Category News Views 4

Disorder in Structure: A Game-Changer? Lithium-ion batteries—yeah, the gizmos powering your fancy electric cars and gadgets—might have just hit their next big break, all thanks to a little chaos. Over in Chungcheong Province, South Korea, researchers at Hanbat National University are messing with the atomic structure of lithium-rich cathodes, and guess what? They're...

Continue Reading
MATIC S68 Wheels: A Bold Step for Superteam

Updated Category News Views 6

Premium Racing Takes a New Spin Scratch the surface of a tire-obsessed market, and you'll find Superteam Wheels making a calculated leap. Their new premium sub-brand, MATIC, isn't just fluff—it shows a serious attempt to impress those who’d rather cut corners on a track than a spreadsheet. Introducing the MATIC S68—buttery smooth, pitch-perfect, and undeniably...

Continue Reading
Lincoln Educational Faces Investor Lawsuit Over Revenue Drop

Updated Category News Views 3

Investors Face Rough Waters Okay, let’s dive into this latest mess at Lincoln Educational Services Corp. (NASDAQ:LINC). Things aren't smelling too rosy over at their headquarters. If you've got shares here, you’ll know what I mean. Back in early May, the folks running Lincoln threw a garden party talking up a 19.5% growth in student starts. Who wouldn’t get behind...

Continue Reading

Top 5 Most Recently Viewed Articles

M7 World Championship 2025: A New Era for Esports in Indonesia

Updated Category News Views 153

M7 World Championship 2025: A New Era for Esports in Indonesia The stage is set for the M7 World Championship—a monumental event poised to showcase Indonesia as a hub for global esports. This year, the championship promises to amplify the excitement surrounding Mobile Legends: Bang Bang (MLBB) Esports through a series of thrilling matches and vibrant cultural...

Continue Reading
James Hardie Industries Faces Class Action – Key Details Inside

Updated Category News Views 142

James Hardie Industries plc. Class Action Lawsuit Overview Investors in James Hardie Industries plc. (NYSE: JHX) are being alerted to an important class action lawsuit that is currently underway. This lawsuit aims to address concerns over alleged securities fraud that impacted shareholders. Understanding the Class Action Details The lawsuit's objective is to seek...

Continue Reading
Embla Medical Reports Impressive Growth in Q3 2024 Results

Updated Category News Views 152

Embla Medical Delivers Strong Q3 2024 Performance Sveinn Sölvason, President and CEO of Embla Medical hf, has shared positive updates regarding the company’s performance in the third quarter of 2024. With an impressive sales figure of USD 214 million, the company has demonstrated consistent organic growth of 7% compared to the same quarter in the previous year. Sales...

Continue Reading
Standex Invites Investors to Discuss Q1 Fiscal 2025 Updates

Updated Category News Views 188

Standex International Corporation Announces Investor Call Standex International Corporation (NYSE: SXI) has officially scheduled an important investors' conference call to discuss its first quarter fiscal 2025 financial results. This call is set for the morning and will also cover the recent acquisition of Amran Instrument Transformers and Narayan Powertech Pvt. Ltd....

Continue Reading
Douglas Elliman Welcomes New Executive: Key Financial Insights

Updated Category News Views 274

Douglas Elliman's New Appointment and Its Implications Douglas Elliman Inc. (NYSE:DOUG), a leading real estate agency, has officially announced a significant change in its executive team. This change comes as the company moves forward with a fresh strategy aimed at enhancing its market position. James Bryant Kirkland III has been appointed as the Executive Vice President,...

Continue Reading