Exalt Health and MHM Development Announce New Rehabilitation Hospital in Sarasota County’s Lakewood Ranch Area

Sarasota, FL – June 3, 2024 – Exalt Health, a leading operator of rehabilitation hospitals, and MHM Development, a premier single-tenant build-to-suit developer specializing in healthcare and commercial developments, are proud to announce the construction of a new state-of-the-art rehabilitation hospital in the Lakewood Ranch area of Sarasota County.

Anticipated to break ground in late 3rd quarter of 2024, this cutting-edge facility will be dedicated to providing comprehensive rehabilitation services to patients in need of intensive, specialized care. The hospital is projected to be completed by the 4th quarter of 2025, marking a significant milestone in enhancing the healthcare infrastructure of the region.

The new 40 Bed rehabilitation hospital will feature advanced medical technologies, modern patient amenities, and a highly skilled team of healthcare professionals committed to delivering exceptional patient outcomes. The facility will offer a range of services, including physical therapy, occupational therapy, speech therapy, and specialized programs for neurological, orthopedic, and cardiac rehabilitation.

“Exalt Health is excited to bring our expertise in rehabilitation care to the Lakewood Ranch area,” said Jeff Crawford, COO/CDO of Exalt Health. “This new hospital will enable us to extend our high-quality, patient-centered care to more individuals in need of rehabilitation services, helping them recover and regain their independence.”

MHM Development will oversee the construction and the development of the hospital, leveraging its extensive experience in developing healthcare facilities to ensure a seamless and efficient building process. “We are honored to partner with Exalt Health on this important project,” said Mike Metcalf, President & CEO of MHM Development. “Our team is committed to delivering a top-tier facility that meets the highest standards of healthcare construction.”

The addition of this new rehabilitation hospital aligns with Sarasota County’s ongoing efforts to improve access to healthcare services and support the well-being of its residents. Once operational, the hospital is expected to create numerous job opportunities and contribute positively to the local economy.

For more information about the new rehabilitation hospital and updates, please visit https://www.exalthealth.com or contact Patrick Ryan, Vice President Hospital Operations, Florida

Exalt Health is a leading operator of rehabilitation hospitals, dedicated to providing exceptional care and advanced treatment options for patients recovering from serious illnesses and injuries. With a focus on patient-centered care and innovative therapies, Exalt Health helps patients achieve their highest potential for recovery and independence.

MHM Development (MHM) specializes in real estate solutions for expanding companies. Through our corporate build-to-suit, we empower companies to meet the needs of their consumers effectively. Our commitment to quality and client satisfaction extends throughout the entire development process and beyond. At MHM Development, we deliver custom-built facilities that align with our clients’ unique requirements and support their operational goals.