Select Medical Holdings

#2956

Rank

$3.8B

MarketCap US

US United States

Country

Summary
Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. The company's Critical Illness Recovery Hospital segment consists of hospitals that provide services for heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring prolonged recovery, renal disease, neurological events, and trauma. Its Rehabilitation Hospital segment offers therapy and rehabilitation treatments, including rehabilitative services for brain and spinal cord injuries, strokes, amputations, neurological disorders, orthopedic conditions, pediatric congenital or acquired disabilities, and cancer. The company's Outpatient Rehabilitation segment operates rehabilitation clinics that provide physical, occupational, and speech rehabilitation programs and services; and specialized programs, such as functional programs for work related injuries, hand therapy, post-concussion rehabilitation, pediatric and cancer rehabilitation, and athletic training services. Its Concentra segment operates and provides occupational health centers and contract services at employer worksites that deliver occupational medicine, consumer health, physical therapy, and wellness services. As of December 31, 2021, the company operated 104 critical illness recovery hospitals in 28 states; 30 rehabilitation hospitals in 12 states; 1,881 outpatient rehabilitation clinics in 38 states and the District of Columbia; and 518 occupational health centers in 41 states, and 134 onsite clinics at employer worksites states. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg, Pennsylvania.

History

Select Medical Holdings Corporation has been providing specialized care for over two decades. Founded in 1997, the company went public in 2006 and is now traded on the NYSE under the symbol SEM. From long-term acute care hospitals and inpatient rehabilitation facilities to outpatient clinics and contract rehabilitation services, Select Medical provides care for those with complex medical conditions.


Mission
Select Medical began operations in 1997 and has grown to be one of the largest operators of specialty hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on the number of facilities. Select Medical operates 130+ specialty hospitals and 1,800+ outpatient rehabilitation centers across the U.S. Select Medical’s joint venture subsidiary Concentra operates more than 300 centers in 38 states. Concentra also provides contract services at employer work sites and Department of Veterans Affairs community-based outpatient clinics.

Vision
The Select Medical Way is to put the patient first. The Select Medical Way is to help improve quality of life for the community in which we live and work. The Select Medical Way is to be open to and welcoming of new ideas from all levels of the organization to continually improve. The Select Medical Way is to attract, train, and retain the best possible staff. The Select Medical Way is to stand out from others by fully embracing high-quality clinical care and sharing a commitment to doing it right.

Key Team

Mr. Martin F. Jackson (Exec. VP & CFO)

Mr. Michael E. Tarvin (Exec. VP, Gen. Counsel & Sec.)

Mr. Scott A. Romberger (Sr. VP & Chief Accounting Officer)

Mr. John A. Saich (Exec. VP & Chief Admin. Officer)

Mr. Robert G. Breighner Jr. (VP of Compliance & Audit Services and Corp. Compliance Officer)

Mr. Joel T. Veit (Sr. VP & Treasurer)

Mr. Thomas P. Mullin (Exec. VP of Hospital Operations)


Recognition and Awards
Select Medical has been honored with awards from leading industry organizations such as the American Heart Association, American Medical Association, American College of Physician Executives, and the Federation of American Hospitals, among other organizations.

References
Select Medical Holdings
Leadership team

Mr. Robert A. Ortenzio (Co-Founder & Exec. Chairman)

Mr. David S. Chernow (Pres & CEO)

Mr. Rocco A. Ortenzio (Co-Founder & Vice Chairman)

Products/ Services
Health Care, Hospital, Medical, Rehabilitation, Wellness
Number of Employees
20,000 - 50,000
Headquarters
Mechanicsburg, Pennsylvania, United States
Established
1996
Company Registration
SEC CIK number: 0001320414
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SEM
Social Media
Sun Mar 03 2024
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