Warm Springs Specialty Hospital of Victoria Announces Financing Approval and Ground Breaking of New Hospital

CAMP HILL, Pa., May 29, 2012 /PRNewswire/ -- Warm Springs' parent company Post Acute Medical (the "Company") today announced plans to build a 33,248-square-foot, 26-bed freestanding hospital. Funding for the project has closed and construction will begin shortly on land adjacent to the current Specialty Hospital located at 102 Medical Drive. The new hospital will employ over one-hundred people, which is good news for Victoria. A ground breaking ceremony is scheduled for June 14, 2012 from 5:00pm - 6:30pm. 

The addition of inpatient rehabilitation services will further expand the delivery of care to patients requiring more therapy in a hospital setting to ensure maximum function and rehabilitation. With the expansion scheduled to be completed by QTR 2, 2013, patients will benefit from multiple care levels on one campus: Inpatient Rehabilitation, Long Term Acute Care (LTACH) with High Observation Unit, Comprehensive Wound Care (inpatient and outpatient), as well as Outpatient Rehabilitation. The existing hospital currently operating as a Long Term Acute Care Hospital for the medically complex will move to the new hospital which will be built specifically with a fully equipped high observation unit for ventilator and medically complex patients. The existing hospital will become home to the rehabilitation hospital, specifically equipped with a spacious rehabilitation gym and multiple treatment areas, an activities of daily living kitchen as well as a therapeutic pool. The ideal hospital setting and services for both rehabilitation and medically complex are soon to be available on one convenient campus.

"We are pleased with our continued development efforts, including the expansion into rehabilitation services in Victoria. Warm Springs Rehabilitation Hospital of Victoria will add to the rehabilitation hospital growth for the company, adding to the three rehabilitation hospitals currently operating in the San Antonio area. Post Acute Medical also operates LTACHs in New Braunfels, Texas; Luling, Texas; Victoria, Texas; and Covington, Louisiana," according to Anthony Misitano, President and CEO of Post Acute Medical. "Texas patients and families have trusted their post-acute health care to Warm Springs for over 75 years and we look forward to continuing the tradition to better meet the rehabilitation needs of Victoria and all the markets we serve."

About Post Acute Medical

Post Acute Medical, based in Camp Hill, Pennsylvania, provides post-acute health care including LTACHs, Rehabilitation Hospitals, Skilled Nursing, Outpatient Rehabilitation in eight locations, Wound Care Centers and an Assisted Living brain injury residential center. The Company is committed to providing high-quality patient care and outstanding customer service, coupled with loyalty and dedication of highly trained staff, to be the most trusted source for post-acute services in every community it serves.

Contact:

Brian Holt: CEO, Warm Springs Specialty Hospital of Victoria
361.576.6200

Darlene Judy: EVP Business Development & Innovation, Post Acute Medical
214.507.2589

Email: [email protected] or [email protected]

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Post Acute Medical

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