Hospital construction underway in New Orleans

Published May 26, 2014 9:31am ET



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.

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