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Article: Pa. company to invest $24.3M in long-term acute care.(Select Medical Corp. of Mechanicsburg, Pennsylvania)(Brief Article)(Statistical Data Included)
- Article from:
- Crain's Detroit Business
- Article date:
- May 28, 2001
- Author:
CopyrightCOPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An investor-owned hospital company in Pennsylvania is planning projects totaling $24.3 million to open specialty long-term acute-care units inside five area hospitals.
Select Medical Corp. (Nasdaq: SLMC), based in Mechanicsburg, Pa., is scheduled to open a unit at St. Joseph Mercy Hospital-Oakland in June, said James Pomeroy, Select Medical vice president of business development.
In addition, the company is in various stages of seeking state regulatory approval to build units at Henry Ford Wyandotte Hospital, Bi-County Community Hospital in Warren and two hospitals owned by The Detroit Medical Center: Sinai-Grace Hospital and Harper University Hospital ...