PeaceHealth and LifePoint Health have entered into a joint venture partnership for a new inpatient rehabilitation facility

CHICAGO – March 24^th, 2023, PeaceHealth has signed a definitive agreement to enter into a joint venture partnership with LifePoint Health to build and operate a new inpatient rehabilitation facility in Springfield, Oregon. The new facility will have 50 private rooms and will nearly double patient capacity of the existing PeaceHealth acute rehabilitation unit in the area. The new facility will also feature a 12-bed brain injury unit, the first for the region. Pending customary regulatory approvals, construction for the new inpatient rehabilitation facility is expected to begin in the spring of 2025 with an expected opening in 2026.

Kaufman Hall served as the exclusive transaction advisor to PeaceHealth.