Vanderbilt is planning on putting a $71.87 million rehabilitation facility in Lebanon as part of one of its joint ventures.
Rehabilitation Hospital of Lebanon, which is owned and operated through a joint venture with Encompass Health Lebanon Holdings and Vanderbilt Health Services, filed a letter of intent in April to establish a 40-bed inpatient rehabilitation facility.
Vanderbilt University Medical Center has been focusing its growth outside of the Nashville Metro area, president and CEO Jeff Balser told the Business Journal in February. Expanding its services in Lebanon fits into that goal.
Vanderbilt Health is an academic health system anchored by Vanderbilt University Medical Center, Nashville’s largest hospital with 1,174 beds, more than 15,000 employees and more than $12.82 billion in revenue, according to Business Journal Research.
The facility would be at an unaddressed site on Yellowstone Road in BartonVillage Development, near 541 Barton Creek Road, according to the April 9 letter of intent filed with the State of Tennessee Health Facilities Commission.
The hospital will need to be approved for a certificate of need before building. As of May 2, the project had not yet been placed on an agenda.
Nashville Business Journal
