Chattanooga, Tenn.-based Siskin Hospital for Physical Rehabilitation has officially acquired St. Barnabas Healthcare Center, which is also headquartered in Chattanooga.
Under the agreement, Siskin Hospital — a nonprofit rehabilitation hospital — will increase its bed count from 109 to 217, with the addition of 109 beds at St. Barnabas. Siskin Hospital will also add long-term care services at St. Barnabas.
"The joining of St. Barnabas and Siskin Hospital is an important investment in our future," said Carol Sim, president and CEO of Siskin Hospital, in a news release. "Patients and insurers are looking for more options for rehabilitation, mostly focused on how to ensure the highest level of recovery for the lowest cost, and the beds at St. Barnabas give us another option to offer them."
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