Rex is a king of health care in Raleigh. Part of the UNC HealthCare System, Rex Healthcare is a not-for-profit health care provider that serves residents of Raleigh and the rest of Wake County, North Carolina. Founded in 1894, Rex Healthcare includes the more than 430-bed acute-care Rex Hospital and two nursing homes with nearly 230 beds, as well as primary and specialty care clinics throughout the area. Specialty centers and clinics provide services such as birthing, cancer treatment, same-day surgery, heart and vascular care, pain management, and sleep disorder therapy. Rex also provides home health and mobile emergency medical services. UNC HealthCare also includes affiliate UNC Hospitals.
The healthcare system employs a medical staff of more than 1,100 physicians and 1,700 nurses. Its operations consist of an acute care hospital, five wellness centers, a pair of skilled nursing facilities (for rehabilitation and long-term nursing care), six suburban campuses, and freestanding outpatient diagnostic, urgent care, and surgery centers.
Rex Healthcare operates facilities in Wake County, North Carolina, in the cities of Apex, Cary, Garner, Holly Springs, Knightdale, Wakefield, and Raleigh.
Looking to provide the most promising innovations among new medical services, tools, and technologies, Rex Healthcare in 2012 funded the newly launched Rex Strategic Innovations with an initial $10 million investment. Venture capital investment fund Rex Health Ventures plans to invest in researchers, entrepreneurs, and inventors and support start-up companies.
In 2011 rival WakeMed offered to buy Rex Healthcare for about $750 million. WakeMed says the purchase would eliminate duplicate services from the regions the two health care providers serve. Rex Healthcare responded by saying it's not for sale and considers the offer "hostile." WakeMed previously filed a complaint with the state against Rex Healthcare saying it was creating duplicative services, especially in the areas of surgery and cardiac care. – less