Foley Advises UF Health Jacksonville in Joint Venture with Select Medical
Foley & Lardner LLP represented UF Health Jacksonville in its formation of a joint venture with Select Medical to provide inpatient rehabilitative care to northern Florida.
The joint venture agreement will establish a 48-bed inpatient rehabilitation hospital within UF Health North in Jacksonville, Florida and will be branded UF Health Rehabilitation Hospital — North. The joint venture hospital-in-a-hospital is expected to open in summer 2024 in the new tower of UF Health North and will be managed by Select Medical.
UF Health Jacksonville is at the center of the region’s premier academic health center, a leader in the education of health professionals, a hub for clinical research and a unique provider of high-quality patient care. With more than 8,000 faculty, staff, and students, the academic health center in Jacksonville is the largest UF campus outside of Gainesville. UF physicians tally more than 600,000 outpatient visits and more than 34,000 inpatient admissions annually.
The deal was led by Foley partner Roger Strode.