Riverside Health Systems and Select Medical announced their plans to enter into a joint
venture for the management and operations of both Hampton Roads Specialty Hospital, a
long-term acute care hospital, and Riverside Rehabilitation Institute, an acute inpatient
This partnership will help Riverside advance its long-term plan to relocate the rehabilitation
institute to a new location in York County and to co-locate the long-term acute hospital to
Riverside Regional Medical Center in Newport News.
Under the deal, Riverside Health remains the majority owner of the 50-bed Riverside
Rehabilitation Institute. Select Medical will be the majority owner of the 25-bed long-term
acute care Hampton Roads Specialty Hospital and serve as managing partner of both hospitals.
Upon the opening of the new inpatient rehabilitation facility, expected in early 2019, the long-
term acute care hospital will relocate to Riverside Regional Medical Center.
The Riverside Health Systems company employs more than 9,850 team members in offices