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Hospital construction underway in New Orleans

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News,Business,Louisiana,New Orleans

NEW ORLEANS (AP) — A Texas company has begun construction on a $22 million rehabilitation hospital designed for patients who have suffered traumatic brain injury and concussions.

Dallas-based Cobalt Medical Development, a health care real estate development and investment company, expects the 60-bed inpatient rehabilitation hospital to open in summer 2015 in the Mid-City neighborhood of New Orleans.

Nola.comThe Times-Picayune reported (http://bit.ly/RXvWoF) the site is near a huge medical complex center under development by the state and the federal Department of Veterans Affairs.

A spokeswoman for the New Orleans Business Alliance said the rehab hospital is expected to create 165 construction jobs and 168 permanent jobs in three years. The permanent jobs will include physical therapists, speech therapists, nurses and nurse assistants.

The hospital also will include a Parkinsons disease center, inpatient and outpatient programs. The company says the development will have "upscale hotel-like amenities."

The company is also planning rehabilitation hospitals in Surprise, Arizona, Webster, Texas, and Kansas City, Kansas.

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Information from: The Times-Picayune, http://www.nola.com

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