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CO-FOUNDER OF INTEGRATED HEALTH SERVICES TO FORM LONG-TERM CARE COMPANY IN UNITED KINGDOM - IHS HAS MINORITY INTEREST

 HUNT VALLEY, Md., May 21 /PRNewswire/ -- Integrated Health Services, Inc. (NASDAQ: IHSI) today announced that Tim Nicholson, executive vice president and co-founder, will leave IHS to form a new long-term care company in the United Kingdom. IHS will have a minority interest in the new company.
 The new company will be located in London and provide specialty medical services for the elderly. Mr. Nicholson will relocate to London. In recent years, Mr. Nicholson's focus at IHS has been on acquisitions, and this function will be reassigned in the company. He will remain on the IHS board of directors and act as a consultant to the company.
 IHS will make a minority investment in the new company and will have one seat on the board of directors.
 "I am excited about the prospect of taking a proven strategy and the tools of success, which were honed at IHS, into new and unexplored markets," said Mr. Nicholson. "The market possibilities in the United Kingdom are very rich."
 Mr. Nicholson hopes to duplicate IHS' success in the United Kingdom. Since 1986, IHS has demonstrated and refined the advantage of its cost effective MSU model, growing its business to operate 65 facilities nationwide with more than 8,500 beds including a 676 bed network of MSU beds in 35 specialized units.
 IHS is the leading national provider of subacute care, a healthcare approach increasingly recognized by insurers and industry experts as an effective solution to rising hospital costs. The company's Medical Specialty Unit program provides a wide range of subacute stage medical and rehabilitative services traditionally given in a hospital. Patients who are medically stable, but require sophisticated monitoring and therapy, receive specialized care such as ventilator therapy, wound management and post-operative care at savings of approximately 50 percent compared to traditional acute-care hospitals. The MSU setting offers a high level of patient care in a loss institutional environment more conducive to recovery.
 -0- 5/21/93
 /CONTACT: Robert N. Elkins, M.D., chairman, chief executive officer and president, or Marc B. Levin, senior vice president of Integrated Health Services, Inc., 410-584-7050, or Susan A. Noonan of Noonan/Russo Communications, Inc., 212-979-9180, for Integrated Health Services, Inc./
 (IHSI)


CO: Integrated Health Services, Inc. ST: Maryland IN: HEA SU:

PS-OS -- NY048 -- 1291 05/21/93 15:36 EDT
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Date:May 21, 1993
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