The Nashville, Tennessee-based medical system that focuses on senior care is considering a fourth clinic in Jacksonville. ArchWell has indicated interest in at least three other Jacksonville locations as well.
The new tower includes a collaboration between UF Health and Select Medical, which provides physical rehabilitation services throughout the country. The second and third floors of the new hospital include bed space, a dedicated gymnasium, outdoor space and other resources to help patients recover as quickly as possible.
HRT will contribute the assets to a new joint venture in two phases. The first phase, which should be completed in August, will see the contribution of eight current HRT properties valued at $193 million.
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