Sheltering Arms Physical Rehabilitation Centers has purchased a 25-acre, $7.9 million site in Goochland County for a new hospital that it will operate in a joint venture with VCU Health System.

Sheltering Arms and VCU Health System are moving forward with plans for a new hospital in eastern Goochland County, just over the Henrico County line. The 114-bed inpatient rehabilitation hospital ...

Sheltering Arms plans to operate at a small loss the first year after expansion, with roughly $87 million in total operating revenue and expenses. It expects a $2 million net income by year two.

In May 2018, a joint venture between Sheltering Arms Rehab Institute and VCU Health broke ground on a 114-bed, 200,000-square-foot hospital at 2000 Wilkes Ridge Parkway, located adjacent to the ...