Company type | Limited company |
---|---|
NYSE:
SEM S&P 600 Component | |
Industry | Healthcare |
Founded | 1996 |
Headquarters | Mechanicsburg, Pennsylvania, United States |
Key people | |
Products | Specialty healthcare services |
Revenue | $5.2 billion USD (2018) [1] |
Number of employees | 47,596 [2] (2017) |
Website |
www |
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
The company is based in Mechanicsburg, Pennsylvania, and was co-founded in 1996 by Rocco Ortenzio and Robert Ortenzio. [3] [4]
In 2009, the company announced a joint venture with SSM Health Care. [4]
In December 2012, the company announced a partnership with Emory Healthcare. [5]
In 2013, David Chernow was appointed CEO while co-founders Robert and Rocco Ortenzio became chairmen of the company. [3] In June, Select Medical acquired two inpatient rehabilitation facilities from GlobalRehab Management. [6] Also in 2013, Select Medical and OhioHealth Corp announced a joint venture and reopened the OhioHealth Rehabilitation Hospital in August 2013. [7] In December, the company announced a partnership with Cedars-Sinai and UCLA Health System to create the California Rehabilitation Institute. [8] [9]
In March 2014, the company announced a joint venture with TriHealth to open the TriHealth Rehabilitation Hospital in Cincinnati. [10] In June, the company announced a joint venture with the Cleveland Clinic to operate a rehabilitation hospital in Avon, Ohio. [11] Also in June, the company announced a joint venture with PinnacleHealth System to co-own a rehabilitation hospital. [12]
In 2015, Select Medical completed its acquisition of Concentra, a national health care company. [13] Also in 2015, the company announced a partnership with Ochsner Health System. [14]
In February 2016, the company announced an agreement to swap hospitals with Kindred Healthcare. [15] [16] In March, the company acquired Physiotherapy Associates Holdings. [16] In April, the company sold its Contract Therapy business to Encore Rehabilitation Services, a portfolio company of Revelstoke Capital Partners LLC. [16]
Company type | Limited company |
---|---|
NYSE:
SEM S&P 600 Component | |
Industry | Healthcare |
Founded | 1996 |
Headquarters | Mechanicsburg, Pennsylvania, United States |
Key people | |
Products | Specialty healthcare services |
Revenue | $5.2 billion USD (2018) [1] |
Number of employees | 47,596 [2] (2017) |
Website |
www |
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
The company is based in Mechanicsburg, Pennsylvania, and was co-founded in 1996 by Rocco Ortenzio and Robert Ortenzio. [3] [4]
In 2009, the company announced a joint venture with SSM Health Care. [4]
In December 2012, the company announced a partnership with Emory Healthcare. [5]
In 2013, David Chernow was appointed CEO while co-founders Robert and Rocco Ortenzio became chairmen of the company. [3] In June, Select Medical acquired two inpatient rehabilitation facilities from GlobalRehab Management. [6] Also in 2013, Select Medical and OhioHealth Corp announced a joint venture and reopened the OhioHealth Rehabilitation Hospital in August 2013. [7] In December, the company announced a partnership with Cedars-Sinai and UCLA Health System to create the California Rehabilitation Institute. [8] [9]
In March 2014, the company announced a joint venture with TriHealth to open the TriHealth Rehabilitation Hospital in Cincinnati. [10] In June, the company announced a joint venture with the Cleveland Clinic to operate a rehabilitation hospital in Avon, Ohio. [11] Also in June, the company announced a joint venture with PinnacleHealth System to co-own a rehabilitation hospital. [12]
In 2015, Select Medical completed its acquisition of Concentra, a national health care company. [13] Also in 2015, the company announced a partnership with Ochsner Health System. [14]
In February 2016, the company announced an agreement to swap hospitals with Kindred Healthcare. [15] [16] In March, the company acquired Physiotherapy Associates Holdings. [16] In April, the company sold its Contract Therapy business to Encore Rehabilitation Services, a portfolio company of Revelstoke Capital Partners LLC. [16]