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Spectrum Health to partner with Select Medical on unnamed venture

Grand Rapids, Mich.-based Spectrum Health inked a deal to create a joint venture with Mechanicsburg, Pa.-based Select Medical, according to MiBiz.

Under the agreement, Spectrum will relocate its long-term acute care facility to Grand Rapids-based Spectrum Health Hospitals Blodgett Hospital. Officials said they aim to complete the transition by mid-summer, according to the report.

Spectrum will reportedly spend $7.4 million to renovate the sixth floor of the hospital to house the 36-bed long-term acute care facility, according to a letter of intent filed with the state's department of health and human services.

Select Medical operates 123 long-term acute care and rehabilitation hospitals in 27 states, including 11 in Michigan, according to the report.

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