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Creating a Joint Venture with a For-Profit Inpatient Rehabilitation Provider

December 15, 2015

As hospitals migrate from a revenue base built on patient volume to one based on value and quality outcomes, the pressure to control costs and maximize revenue has escalated. In recent years, many organizations have looked beyond cost cutting toward affiliations and partnerships that create economies of scale, conserve precious capital, and spread risk. One option includes creating a joint venture between a health system’s inpatient rehabilitation unit and a national for-profit inpatient rehabilitation provider with a hospital ownership percentage near 50%.

Spotlight

SP Services (UK) Ltd

SP Services is an International supplier of first aid, medical, ambulance, paramedic and emergency rescue equipment, based at Bastion House in Telford, the company will be celebrating its 30th anniversary in business in 2019. 2015 proved to be a fantastic year for SP Services, with the launch of the new catalogue and with it the latest range of infection control friendly Parabag medical bags, Donway vacuum mattresses and splint and solution innovations for businesses.

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Creating a Joint Venture with a For-Profit Inpatient Rehabilitation Provider