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Select Medical, Carilion Clinic to Build Rehab Hospital in Virginia

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Select Medical (SEM) and not-for-profit health care organization Carilion Clinic said Thursday they formed a joint venture to build and operate a 50-bed inpatient rehabilitation hospital in Roanoke, Virginia.

Select Medical will serve as the majority owner and manager of the new facility, which will be named Carilion Rehabilitation Hospital. Construction is scheduled to begin in the spring of 2026, with a targeted opening date in the spring or summer of 2028, the companies said.

Upon the opening of the new hospital, Carilion Roanoke Community Hospital will close its existing 34-bed acute rehabilitation unit, according to a joint release.

Price: $16.54, Change: $+0.02, Percent Change: +0.09%

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