FOR IMMEDIATE RELEASE
September 17, 2019
The Sanders Trust announces the expansion of Tulsa, Oklahoma rehabilitation hospital
– The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the expansion of PAM (Post Acute Medical) Rehabilitation Hospital in Tulsa, Oklahoma, which the firm acquired for $24.5 million in July 2018.
Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, inpatient rehabilitation hospital. With over 34 locations throughout the country, PAM is a national operator of specialty and rehabilitation hospitals focused on providing high quality post-acute care in the most efficient and cost-effective setting.
Originally, the hospital had capacity of 40 beds. The addition will provide 13 new beds and approximately 8,100 square feet. The Sanders Trust is working with E4h Architects of Dallas and Skiles Group is serving as contractor for the project.
“The Sanders Trust is pleased to assist PAM in expanding operations at their Tulsa hospital and facilitate their continued successful service to the community,” stated Rance M. Sanders, President and CEO of TST. This hospital focuses primarily on inpatient medical rehabilitation for patients who have experienced a stroke, brain injury, orthopedic conditions or spinal cord injury and features a laboratory, pharmacy, aquatic therapy, dietary department with kitchen and emergency treatment unit.
PAM Rehabilitation Hospital is located in the Shadow Ridge medical district; directly across the street is Hillcrest Hospital South and less than one mile east is Saint Francis Hospital South. Just south of PAM is the Oklahoma Heart Institute, the most advanced dedicated hospital for the prevention and treatment of heart disease in Oklahoma. Five-miles northwest of PAM is St. Francis Hospital’s main campus which includes the Heart Hospital, Joint Replacement Center and the region’s only Children’s Hospital for a total of 1,112 beds.
ABOUT THE SANDERS TRUST
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired medical properties in 27 states.
For more information on The Sanders Trust, visit www.SandersTrust.com.
For more information, contact:
Krista Conlin, 205-937-3777
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