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INTEGRATED HEALTH SERVICES ANNOUNCES MEDICAL SPECIALTY UNIT DEVELOPMENT PLAN FOR 1992; COMPANY TO INCREASE MSUs BY 60 PERCENT FOR 1992

INTEGRATED HEALTH SERVICES ANNOUNCES MEDICAL SPECIALTY UNIT DEVELOPMENT
 PLAN FOR 1992; COMPANY TO INCREASE MSUs BY 60 PERCENT FOR 1992
 HUNT VALLEY, Md., Nov. 6 /PRNewswire/ -- Integrated Health Services, Inc. (IHS) (NASDAQ: IHSI) announced today the company's 1992 strategy for the development of Medical Specialty Units (MSUs).
 IHS currently operates 19 MSUs with a total of 313 beds, surpassing the company's 1991 year-end goal of 305 beds. MSUs are 10-40 bed subacute care specialty units established as separate and distinct units within a geriatric care facility. The company's goal for the coming year is to reach a total of 27 units and 500 beds by December 1992. IHS expects to develop seven of these new units, containing 167 beds, in facilities it currently operates and to develop an eighth unit with 20 beds in a facility to be acquired in 1992. IHS recently announced the addition of a 20-bed ventilator unit at Ballard Convalescent Center (Seattle, Wash.) and a 14-bed complex care unit at Hackett Hill Nursing Center (Manchester, N.H.).
 IHS's subacute programs provide highly specialized, high technology care for very sick but stable patients who no longer require the care of an intensive care unit. In the past year, the company has added three new subacute services including a pediatric ventilator program, a subacute rehabilitation program and a cancer recovery program.
 Robert N. Elkins, M.D., chairman and chief executive officer of IHS, remarked, "Providing the highest quality subacute care in the most cost- effective setting is our objective. The development of new services and programs to meet the needs of our patients will be greatly enhanced by the MSUs we develop next year. Demand for alternative site subacute care is strong as both hospitals and insurance companies are looking to contain costs. IHS can provide subacute care at significantly lower costs than a hospital." Elkins continued, "The company's position as a leading provider of quality, alternative-site subacute care will continue to strengthen as we increase our MSU beds to 500 by December 1992 and continue to distinguish our services from those offered by skilled nursing facilities and providers of subacute care for the less critically ill."
 Integrated Health Services' strategy is to use geriatric care facilities as an alternative site to provide a wide range of medical and rehabilitative services which traditionally have been provided in the acute care hospital. The company provides specialized subacute care such as post-operative care, ventilator therapy and neuro rehabilitation through MSUs located within its facilities. Integrated Health Services currently operates 41 geriatric care facilities and 19 MSUs with a combined total of over 5,500 beds.
 -0- 11/6/91
 /CONTACT: Robert N. Elkins, chairman, president and CEO of IHS, 301-584-7050; or Susan A. Noonan or Mark Friedmann of Noonan/Russo Communications, 212-979-9180, for Integrated Health Services/
 (IHSI) CO: Integrated Health Services, Inc. ST: Maryland IN: HEA SU: JT -- NY006 -- 1536 11/06/91 08:31 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 6, 1991
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