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News Release: PMB completes rehab hospital conversion

The firm’s $18.9 million transformation of a former LTAC has created a new 44-bed inpatient rehab facility for Community Health Network and Kindred Healthcare in suburban Indianapolis

Indianapolis and San Diego, Dec. 18, 2018 – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South in Greenwood, Ind., south of Indianapolis.

The three-story, 44-bed rehabilitation hospital provides convenient, accessible and exceptional rehabilitation care to residents in Greenwood and South Indianapolis.

Community Health Network and Kindred Healthcare formed a joint venture to convert Kindred Hospital Indianapolis South, a pre-existing 60-bed long-term acute care (LTAC) hospital, into a 44-bed inpatient rehabilitation hospital. PMB was chosen to develop and own the project based on its long-term partnership with Kindred.

“The goal of this partnership is to make our patient-focused, specialized rehabilitation services easier to access for patients in the south region,” says Jason Fahrlander, executive vice president and chief operating officer for Community Health Network. “The opening of Community Rehabilitation South will allow us to do just that.”

San Diego-based PMB acquired the existing LTAC from Kindred and immediately began construction. The project will play a critical role in the continuum of care by providing a progressive healthcare facility solely devoted to patient recovery. Ultimately, these services will reduce readmissions to local acute care hospitals and decrease the total cost of care. It offers intensive, patient-focused, specialized rehabilitation services for stroke, brain injury, spinal cord injury and amputation. Newly added features of the facility include private rooms, large interdisciplinary gyms, a dialysis suite, transitional living apartments, a therapeutic courtyard with golf, basketball and varied surfaces and specialty rehabilitation programs.

“PMB is delighted to partner with Kindred and Community Health Network to provide capital and development services for the conversion of Community Rehabilitation Hospital South from a long-term acute care hospital to a modern inpatient rehabilitation facility,” says Mark Toothacre, President of PMB. “We’re honored to be involved in delivering the built environment where critical rehabilitation services are so impactful in improving patient’s lives.”

The three-story, 54,000-square-foot, 44-bed freestanding rehabilitation hospital, located at 607 Greenwood Springs Drive in Greenwood, IN, provides convenient, accessible and exceptional rehabilitation care to residents in Greenwood and South Indianapolis. Herford Dooley Architects served as architect for the project and Doster Construction provided general contracting services.

About PMB

PMB is a full-service healthcare real estate development company that works with health systems, hospitals, medical groups, specialty providers and academic medical centers. PMB takes tremendous pride in its dedication to changing the way healthcare is delivered through innovative development of healthcare-related facilities. Its breadth of work includes ambulatory care centers, medical office buildings, inpatient hospitals, post-acute hospitals, senior living and parking structures. PMB has developed over 100 facilities to date representing approximately 5.5 million square feet. The firm owns and manages 66 medical facilities comprising over 4.2 million square feet. For more information, visit www.pacificmedicalbuildings.com.

FOR IMMEDIATE RELEASE
News Media Contact:
Nicole Lemieux, Director of Marketing, PMB, nlemieux@pmbllc.com

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