Facility will be first phase of a health services campus at Giralda Farms
November 2017, Morristown, NJ and Louisville, KY – Atlantic Health System and Kindred Healthcare today announced that their planned inpatient rehabilitation facility will be located at Giralda Farms in Madison, the first phase of a plan to develop a 40-acre parcel of land into a campus for health services.
The two-story, 38-bed rehabilitation facility will be built on approximately 46,000 square feet of land on the 40-acre site. Atlantic Health System and Kindred plan to break ground in the first quarter of 2018. The Madison planning board on Nov. 13 formalized its approval for the site plan for the facility.
The property is located off Route 124 in Madison within the Giralda Farms campus, once the former estate of Geraldine Rockefeller Dodge, and is now considered one of the most prestigious office parks in the metropolitan area.
The rehabilitation facility is a joint venture between Atlantic Health System and Kindred Healthcare that that will be the new home for the current 38 inpatient beds housed at Atlantic Health System’s Atlantic Rehabilitation flagship site, located at 95 Mount Kemble Avenue in Morristown. The Mount Kemble facility is in the process of being sold.
The rehabilitation facility will be the first phase of a plan in which Atlantic Health System will develop health care services on the rest of the land.
“We are excited to have secured a site to build a modernized, adaptable space that truly complements our exceptional inpatient rehabilitation services, and also allows us to grow, enhance and develop services to help us to build healthier communities,” said Trish O’Keefe, president of Morristown Medical Center.
The rehabilitation facility will offer all-private rooms, supporting both enhanced clinical efficiency and elevated patient experience with targeted clinical programs including neurological, spine, trauma and complex conditions. The combination of Kindred’s expertise and a modern, state-of-the-art facility will allow Atlantic Health System to maximize its ability to serve a growing population of patients with critical needs.
Patients at the new inpatient rehabilitation facility will be treated for a variety of conditions that result in a loss of function. Such conditions include stroke and brain injury, spinal cord injury, neurological disorders, orthopedic disorders, multiple trauma, amputation and other disabling conditions, injuries, and disorders.
Services that will be offered in the new inpatient facility include:
- Physical Medicine and Rehabilitation (Physiatry)
- Internal Medicine along with medical and surgical subspecialty consultation for patients in the rehabilitation program
- Physical therapy
- Occupational therapy
- Rehabilitation Nursing
- Speech Language and Pathology
- Nutritional Services
We are pleased to move ahead on this project that will allow us to provide high quality rehabilitation services to the community in a new, leading-edge facility,” said Jason Zachariah, President of Kindred Rehabilitation Services, a division of Kindred. “We look forward to collaborating with Atlantic Health to deliver exceptional clinical care that improves our patients’ lives by improving their functional abilities.”
The land was acquired by Atlantic Health System from another joint venture consisting of Normandy Real Estate Partners, MRY Associates and HP Giralda 2014, LLC, which acquired the property in 2015.
“When we acquired this last development parcel within Giralda Farms almost three years ago, we promised to undertake the highest standard of planning and development – and we’re making good on that promise by turning over its future stewardship to Atlantic Health System. We’re honored to have played a role in working with a provider of high-quality health care that will build a world class facility to serve our community,” stated Giorgios Vlamis, partner at Normandy Real Estate Partners, James E. Hanson II, President and CEO of The Hampshire Companies, and Mark Yeager, founder and principal of MRY Associates.
About Atlantic Health System
Atlantic Health System, headquartered in Morristown, N.J., is an integrated health care delivery system powered by a workforce of 16,000 team members dedicated to building healthier communities. The system is comprised of 350 sites of care, including six hospitals: Morristown Medical Center, Overlook Medical Center, Newton Medical Center, Chilton Medical Center, Hackettstown Medical Center and Goryeb Children’s Hospital. Atlantic Health System also supports communities through Atlantic Medical Group, Atlantic Rehabilitation, Atlantic Home Care and Hospice, and its subsidiary, Atlantic Ambulance Corporation. Atlantic Health System sponsors the Atlantic Accountable Care Organization, one of the larger ACOs in the nation, and Optimus Healthcare Partners.
About Kindred Healthcare
Kindred Healthcare, Inc., a top-105 private employer in the United States, is a FORTUNE 500 healthcare services company based in Louisville, Kentucky with annual revenues of approximately $6.1 billion(1). At September 30, 2017, Kindred’s continuing operations, through its subsidiaries, had approximately 86,400 employees providing healthcare services in 2,475 locations in 45 states, including 77 long-term acute care hospitals, 19 inpatient rehabilitation hospitals, 16 sub-acute units, 609 Kindred at Home home health, hospice and non-medical home care sites of service, 101 inpatient rehabilitation units (hospital-based) and contract rehabilitation service businesses which served 1,653 non-affiliated sites of service. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for eight years, Kindred’s mission is to promote healing, provide hope, preserve dignity and produce value for each patient, resident, family member, customer, employee and shareholder we serve. Learn more about Kindred or follow us on Twitter and Facebook.
(1) Revenues from continuing operations for the last twelve months ended September 30, 2017.