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Better Healthcare in San Antonio: Post Acute Medical Acquires New Long-Term Acute Care Hospital

 Texas Business reports: SAN ANTONIO—Pennsylvania-based Post Acute Medical bought Promise Hospital of San Antonio.

Promise Hospital of San Antonio is a 26-bed Long-Term Acute Care Hospital (LTACH) located within the Southwest General Hospital. The facility will be renamed Warm Springs Specialty Hospital of San Antonio.

“This transaction is part of our strategic positioning in San Antonio and enables us to deliver a full spectrum of post-acute services,” said Post Acute chief executive Anthony Misitano in a prepared statement. “The ability to offer LTACH, Rehab, SNF, Outpatient and a Comprehensive Wound Care Center all in San Antonio truly provides our patients with a smooth transition of care for all post-acute services and makes for a better experience for the patient. We look forward to the opportunity to share
 best practices with the new team and to integrate them into our efforts to consistently improve outcomes for patients in need of the intensive level of care provided in an LTACH environment.”

The Pennsylvania company currently operates its flagship rehabilitation hospital, a 65-bed facility in the Medical Center along with the following rehab and LTACH beds in Texas: 34 rehabilitation beds in Thousand Oaks, 40 rehabilitation beds in Westover Hills, 40 LTACH beds in new Braunfels, 34 LTACH beds in Luling and 26 LTACH beds in Victoria. The addition of the newly acquired Promise LTACH beds completes the continuum of care offered by Warm Springs in the San Antonio market.

“The addition of Promise Hospital of San Antonio to the Warm Springs family offers a competitive edge and greater footprint in our medical service area,” said Promise LTACH chief executive Karen Pitcher in a prepared statement. “We will be able to add new services and integrate into Warm Springs systems which will support us as our current employees continue to provide outstanding care.”

Pitcher will remain chief executiveof Warm Springs Specialty Hospital of San Antonio.

According to Promise Healthcare Executive Vice President of Hospital Operations Richard Gold, there were many suitors for its San Antonio LTACH. "As a longtime healthcare provider in the San Antonio community with commitment to leadership in this intensive level of specialized acute hospital care, we are pleased to pass the baton to Post Acute Medical," said Promise Healthcare executive Richard Gold in a statement.

Gold said Promise, which operates 13 hospitals in six states, is focusing the company's growth in its headquartered state of Florida with Certificates of Need (CONs) for two new locations currently under exploration/development.

Post Acute Medical, LLC, based in Camp Hill, Pennsylvania, provides post-acute healthcare including LTACHs, Rehabilitation Hospitals, Skilled Nursing, Outpatient Rehabilitation in nine (9) locations and an Assisted Living Brain Injury residential center.