Select Medical Holdings CorporationSEM has finalized a joint venture partnership with Carilion Clinic, a not-for-profit healthcare organization, to construct and manage a new 50-bed inpatient rehabilitation hospital in Roanoke, VA. Under the terms of the agreement, Select Medical will serve as the majority owner and operator of the new facility, named Carilion Rehabilitation Hospital.
Located on 9th Street SE in Roanoke, the new facility is expected to begin construction in spring 2026 and open by spring or summer 2028. Once operational, the state-of-the-art hospital will replace Carilion Roanoke Community Hospital’s existing 34-bed acute rehabilitation unit.
The project is intended to address growing demand for inpatient rehabilitation services across Virginia’s Blue Ridge region, focusing on treatments that help patients regain mobility, function, and independence after major medical conditions, such as stroke, traumatic brain injury, spinal cord injury and other neurological disorders…