The Sanders Trust Completes Mercy Rehabilitation Hospital In Oklahoma City
Thursday | October 4th, 2012
BIRMINGHAM, Alabama - The Sanders Trust, a Birmingham-based healthcare real estate investment company, has completed a $19 million rehabilitation hospital in Oklahoma City. The new 50-bed Mercy Rehabilitation Hospital will be operated by a joint venture between Centerre Healthcare Corp. and Mercy Health System of Oklahoma, Sanders Trust said in a prepared statement.
The hospital will provide rehab services for patients recovering from strokes, brain injuries and other conditions, and will allow Mercy to signicantly expand its services. The Sanders Trust was the developer for the project and will own the real estate associated with the hospital, officials said.
"We are delighted to have partnered with Centerre and Mercy in delivering this state-of-the-art rehabilitation hospital that will emphasize exceptional patient care for this community," Steve Hewett, senior vice president of The Sanders Trust, said in the statement. "Mercy Rehabilitation Hospital is a 54,000-square-foot facility designed to promote recuperation outside the traditional hospital setting."
ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 21 states valued over $1 Billion.