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INTEGRATED HEALTH SERVICES OPENS 62 NEW SPECIALTY BEDS AND ACQUIRES A SKILLED NURSING FACILITY

 INTEGRATED HEALTH SERVICES OPENS 62 NEW SPECIALTY
 BEDS AND ACQUIRES A SKILLED NURSING FACILITY
 HUNT VALLEY, Md., Sept. 24 /PRNewswire/ -- Integrated Health Services, Inc. (NASDAQ: IHSI) today announced it has opened 62 additional beds in its national network of Medical Specialty Units (MSUs). These units provide a variety of cost-effective, subacute care services traditionally available only in a hospital setting. Separately, IHS also announced the acquisition of a leasehold interest in a 156-bed skilled nursing facility, 20 of which will be upgraded to MSU beds.
 "Opening 62 new MSU beds brings the total number of MSU beds to 501. These openings put the company significantly ahead of its development plan of 500 MSU beds by December 1992," said Robert N. Elkins, chairman, president and CEO. "Our new targets are 600 MSU beds by December 1992 and 1,000 MSU beds by December 1993."
 The 62 additional MSU beds include 20 ventilator unit beds at the Crabtree Valley facility in Raleigh, N.C.; 24 complex care beds at the Cambridge facility in Indianapolis; 14 additional MSU beds at the Laurel View facility in Greensburg, Pa.; and four additional complex care beds at the Riverbend facility in Flint, Mich.
 The acquisition is Briarcliff Haven, a 156-bed skilled nursing facility in Atlanta. "This facility opens up an excellent new subacute market for IHS," said Robert N. Elkins.
 IHS uses geriatric care facilities as a platform for the company's MSU program which provides a wide range of subacute stage medical and rehabilitative services traditionally given in an acute care 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. The MSU setting is both cost effective and less institutional. IHS currently operates 55 geriatric care facilities nationwide with more than 7,200 beds including a 501 bed network of MSU beds in 26 specialized units.
 -0- 9/24/92
 /CONTACT: Robert N. Elkins, M.D., chairman, CEO & 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, Georgia IN: HEA SU: TNM


SM-LR -- NY018 -- 2989 09/24/92 10:15 EDT
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Date:Sep 24, 1992
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