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Wellmont, HealthSouth Form Joint Venture to Shareholder Com

Wellmont, HealthSouth Form Joint Venture to Shareholder Com

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[Music] foreign [Music] thank you so much for being with us today as president of our central region you have a lot of expertise when it comes to joint ventures so if you could tell us a little more about your region and Encompass Health's experience that would be great yeah thank you Alyssa so the central region is made up of nearly 30 hospitals approximately two-thirds of our hospitals are our joint ventures we've been involved with joint ventures for over 30 years and of our portfolio of about 150 hospitals about one-third of our hospitals are joint ventures wow that is an impressive portfolio for Encompass health so if you could take a step back and tell us what is a joint venture yeah so a joint venture is when two or more organizations come together to own and operate at business entity for our joint ventures it's important because we're developing an integrated care model we are also the managing partner and the reason why Health Systems come to us to seek joint ventures is beca

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