Scheduled to open in late summer 2027, new inpatient rehabilitation hospital responds to increasing demand for post-acute care in Tampa submarket
TAMPA (June 15, 2026) – Ryan Companies US, Inc., in partnership with Exalt Health, is celebrating the groundbreaking milestone of a state-of-the-art inpatient rehabilitation hospital in Riverview, Florida, just south of Tampa. The hospital is slated to open in late summer 2027.
Located nearby the 223-bed BayCare St. Joseph’s South Hospital, the inpatient rehabilitation hospital will expand access to critical post-acute care in one of Florida’s fastest-growing communities. Ryan identified and secured the site, led the rezoning process and formed a joint venture with Exalt Health to finance, develop and own the hospital. Ryan will also serve as the general contractor and property manager. The project team includes E4H Architecture as the architect and Kimley-Horn as the civil engineer.
The 39,093-square-foot, 40-bed hospital addresses a significant unmet need for post-acute inpatient rehabilitation care in the region. The project continues a strategic partnership between Ryan and Exalt Health, which began with One Scottsdale Medical in Scottsdale, Arizona.
“Ryan is honored to renew our partnership with Exalt Health as we enhance healthcare accessibility in communities experiencing population growth,” said Patrick Chesser, southeast region president, Ryan Companies. “Our quest to build best-in-class, future-forward healthcare environments is the perfect parallel to Exalt Health’s vision to provide patient-centered, innovative treatment plans, and we look forward to executing another important project with their team.”
Exalt Health is known for its team-based approach to treating individuals with neurological, musculoskeletal, rheumatic, cardiovascular and other complex conditions. Its inpatient rehabilitation programs include joint replacement therapy, arthritis care, stroke recovery, pain management, wound care and more, each tailored to the unique needs of the patient.
“This new inpatient rehabilitation hospital will deliver critical healthcare infrastructure where it is sorely needed, and Ryan’s breadth of expertise in the region is an asset on this project,” said Jeff Crawford, chief development officer and chief operations officer at Exalt Health. “As we establish our presence in Riverview where demand for post-acute care is surging, Exalt Health is committed to delivering a flexible hospital that reflects our brand of trust.”
The Riverview project is part of Ryan’s growing national healthcare portfolio and marks a continued presence in the Florida market, where the company has successfully delivered numerous projects over the past two decades, including Brandon Gateway Medical Plaza in Brandon, Florida.
About Ryan Companies
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager, with a focus on creating places for people to thrive. Ryan’s work spans a wide range of sectors and product types, including healthcare, housing, industrial, mission critical, mixed-use, office, and retail. Built on the foundation of integrity, honesty and community, Ryan has grown to over 1,600 team members in 16 offices and has completed projects in nearly every state. For more information, visit ryancompanies.com.
About Exalt Health
Exalt Health is headquartered in Garland, Texas. Backed by Nautic Partners and the founding management team, Exalt Health was formed to build a best-in-class inpatient rehabilitation platform that consistently delivers industry leading patient outcomes via a proven operational playbook based on efficiency and flexibility. Exalt Health hospitals are designed to treat patients with complex physical and cognitive problems. Our hospitals operate a full range of inpatient programs delivered by a multidisciplinary team of highly trained professionals. Our hospitals are accredited by CIHQ.
###
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
