SELECT MEDICAL SIGNS AGREEMENT WITH BALLAD HEALTH TO OPERATE JOINT VENTURE CRITICAL ILLNESS RECOVERY HOSPITAL
SELECT MEDICAL SIGNS AGREEMENT WITH BALLAD HEALTH TO OPERATE JOINT VENTURE CRITICAL ILLNESS RECOVERY HOSPITAL |
[27-June-2025] |
MECHANICSBURG, Pa., June 27, 2025 /PRNewswire/ -- Select Medical Corporation today announced it signed a membership interest purchase agreement with Ballad Health to jointly operate Select Specialty Hospital – Tri-Cities, a critical illness recovery hospital in Kingsport, Tenn. The facility, licensed as long-term acute care, will be a hospital-in-hospital located in Ballad Health's Indian Path Community Hospital. Select Medical will serve as the majority owner and managing partner of the 46-bed joint venture hospital with Ballad Health. The hospital, which is currently owned and operated by Select Medical, will relocate from Ballad Health's Bristol Regional Medical Center to Indian Path Community Hospital following regulatory approval. "We have served the growing post-ICU care needs of the region for more than 25 years, operating as Select Specialty Hospital – Tri-Cities in Bristol," said Tom Mullin, president of Select Medical. "This partnership with Ballad Health and the new, expanded location will provide the opportunity to help even more critically ill patients heal, recover and return to their families and community." "This partnership with Select Medical reflects Ballad Health's commitment to delivering high-quality, specialized care to the communities we serve," said Marvin Eichorn, executive vice president and chief administrative officer at Ballad Health. "By relocating Select Specialty Hospital – Tri-Cities to Indian Path Community Hospital, we are expanding access to critical illness recovery services in a way that is both patient-centered and operationally efficient. We are proud to collaborate with a trusted partner to meet the evolving needs of our region." "The relocation of Select Specialty Hospital – Tri-Cities to Kingsport represents a significant step forward in enhancing post-acute care in our region," said Dr. Chad Couch, northern region president at Ballad Health. "This move allows us to better align services within the health system and ensure that patients recovering from serious illness receive the specialized care they need, closer to home." In addition to Select Specialty Hospital – Tri-Cities which will relocate from Bristol to Kingsport, Select Medical operates six additional critical illness recovery hospitals throughout the state of Tennessee, in Jackson, Knoxville, Memphis, Nashville and Powell. About Ballad Health About Select Medical Media Contacts
SOURCE SELECT MEDICAL CORPORATION | ||
Company Codes: NYSE:SEM |
BREAKING NEWS: Herbal Works Inc. Continues Social Media Marketing Campaign with Launch of Page On TikTok

