Select Medical and Norton Healthcare today announced a joint venture to integrate outpatient rehabilitation services in the Louisville metro and Southern Indianaregions. Under the agreement, Select Medical contributed 29 of its Kentucky Orthopedic Rehab Team (KORT) centers and Norton Healthcare contributed three centers to the venture.
"Our KORT network and Norton Healthcare have always shared a mission to provide exceptional patient care," said Select Medical President and CEO David Chernow. "This joint venture enables the two entities to further integrate best practices and advanced rehabilitative care to provide the best possible patient outcomes."
KORT, a wholly owned subsidiary of Select Medical, specializes in outpatient physical therapy, hand therapy, sports medicine and work health. With 63 locations throughout Kentucky and southern Indiana, KORT employs the largest team of board-certified physical therapists, occupational therapists and certified athletic trainers in the Kentuckiana region.
"We have enjoyed a longstanding relationship with KORT and Select Medical that has served patients extremely well," said Steven T. Hester, M.D., MBA, division president of Provider Operations and system chief medical officer, Norton Healthcare. "This joint venture formalizes the extraordinary work we do together to support our patients' recovery across the full continuum of care."
About Norton Healthcare
For more than 130 years, Norton Healthcare's faith heritage has guided its mission to provide quality health care to all those it serves. Today, Norton Healthcare is a leader in serving adult and pediatric patients from throughout Greater Louisville, Southern Indiana, the commonwealth of Kentucky and beyond. The hospital and health care system is Louisville's fourth largest employer, providing care at more than 250 locations throughout Kentucky and Southern Indiana. The Louisville-based not-for-profit system includes five Louisville hospitals with 1,837 licensed beds; seven outpatient centers; 14 Norton Immediate Care Centers; more than 14,600 employees; nearly 1,000 employed medical providers; and approximately 2,000 total physicians on its medical staff. Hospitals provide inpatient and outpatient general care as well as specialty care including heart, neuroscience, cancer, orthopedic, women's and pediatric services. A strong research program provides access to clinical trials in a multitude of areas. In 2018 Norton Healthcare was named by Healthiest Employers as the fourth healthiest place to work in the country. More information about Norton Healthcare is available at NortonHealthcare.com.
About Select Medical
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on the number of facilities. Our reportable segments include the critical illness recovery hospital segment, the rehabilitation hospital segment, the outpatient rehabilitation segment, and the Concentra segment. As of March 31, 2019, Select Medical operated 97 critical illness recovery hospitals in 28 states, 27 rehabilitation hospitals in 11 states, and 1,684 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical's joint venture subsidiary Concentra operated 525 occupational health centers in 41 states. Concentra also provides contract services at employer worksites and Department of Veterans Affairs community-based outpatient clinics. At March 31, 2019, Select Medical had operations in 47 states and the District of Columbia. Information about Select Medical is available at www.selectmedical.com.
