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About
Select Medical Holdings Corp. engages in the provision of medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living, senior care centers, schools, and worksites. It operates through the following segments: Specialty Hospitals, Outpatient Rehabilitation, Concentra, and Others. The Specialty Hospitals segment involves in providing long term acute care hospital services and inpatient acute rehabilitative hospital care. The Outpatient Rehabilitation segment consists of hospitals designed to serve the needs of long term stay acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care. The Concentra segment offers medical centers and contract services. The Others segment includes Company's corporate services; other non-consolidating joint ventures, and minority investments in healthcare related businesses. The company was founded by Robert A. Ortenzio and Rocco A. Ortenzio in October 2004 and is headquartered in Mechanicsburg, PA. | |||
Description
Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals, outpatient rehabilitation clinics, and occupational medicine centers in the United States. The company's Specialty Hospitals segment operates long term acute care hospitals (LTCHs) and inpatient acute rehabilitative hospitals. This segment offers various medical services for the treatment of respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer. As of December 31, 2016, this segment operated 123 specialty hospitals, including 103 LTCHs and 20 inpatient rehabilitation facilities in 27 states. Its Outpatient Rehabilitation segment operates clinics that provide physical, occupational, and speech rehabilitation services. This segment also offers specialized programs, such as functional programs for work related injuries, hand therapy, post-concussion rehabilitation, and athletic training services; and services that are designed to prevent short term disabilities from becoming chronic conditions. This segment operated 1,611 outpatient rehabilitation clinics in 37 states and the District of Columbia. The company's Concentra segment operates and provides medical centers and contract services at employer worksites and Department of Veterans Affairs community-based outpatient clinics (CBOCs) that deliver occupational medicine, consumer health, physical therapy, and veteran's healthcare services. This segment operated 300 medical centers, 107 onsite clinics at employer worksites, and 32 Department of Veterans Affairs CBOCs in 43 states. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg, Pennsylvania. |