August 20, 2017 10:11 PM ET

Healthcare Providers and Services

Company Overview of Select Medical Corporation

Company Overview

Select Medical Corporation operates specialty hospitals and outpatient rehabilitation clinics in the United States. The company operates through three segments: Specialty Hospitals, Outpatient Rehabilitation, and Concentra. The Specialty Hospitals segment operates hospitals designed to serve the needs of long term stay acute patients; and hospitals designed to serve patients who require intensive medical rehabilitation care. It provides services to patients with specialized needs, and serious and complex medical conditions, such as respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cance...

4714 Gettysburg Road

PO Box 2034

Mechanicsburg, PA 17055

United States

Founded in 1996

29,400 Employees

Phone:

717-972-1100

Key Executives for Select Medical Corporation

CEO, President, CEO of Select Medical Holdings Corp and President of Select Medical Holdings Corp
Age: 60
Co-Founder and Executive Chairman
Age: 59
Co-Founder and Vice Chairman
Age: 84
Chief Financial Officer and Executive Vice President
Age: 62
Chief Accounting Officer, Senior Vice President and Controller
Age: 56
Compensation as of Fiscal Year 2017.

Select Medical Corporation Key Developments

Select Medical to Open Long-Term Acute Care Hospital at Missouri Baptist Medical Center

Select Medical Corporation announced that it will open a new long-term acute care (LTAC) hospital within Missouri Baptist Medical Center in St. Louis, Missouri. The 38-bed facility, named Select Specialty Hospital – Town and Country will be located on the 5th floor of Missouri Baptist's Main Tower and is anticipated to begin taking patients in the first quarter of 2018.

Select Medical Corporation Opens SSM Health Rehabilitation Hospital – Lake Saint Louis, Marking the First Rehabilitation Hospital with Brain Injury Unit in St. Charles County

Select Medical Corporation announced the opening of its newest rehabilitation hospital, SSM Health Rehabilitation Hospital – Lake Saint Louis, marking the first rehabilitation hospital with a brain injury unit in St. Charles County.  The hospital will also offer rehabilitation care for other acute medical conditions ranging from cancer to neurological disorders and amputations. SSM Health Rehabilitation Hospital – Lake Saint Louis offers programs and services specially designed to help patients restore strength, mobility and independence as they heal and recover from stroke, brain or spinal cord injury, neurological disorders, amputation, orthopedic conditions, cancer and cardiac conditions. The new, 30-bed acute rehabilitation hospital features all private rooms and equipment. The rehabilitation hospital is housed on the fifth floor of SSM Health St. Joseph Hospital – Lake Saint Louis. The new hospital joins two other hospitals that are also part of the partnership, SSM Health Rehabilitation Hospital – Richmond Heights and SSM Health Rehabilitation Hospital – Bridgeton. In addition to the inpatient rehabilitation hospitals, the joint venture owns and operates physical therapy centers, day institutes and contract therapy services – all part of a continuum of care with programs specially designed for every step of the recovery journey.

Select Medical Corporation and Spectrum Health Announce a Joint Venture

Select Medical Corporation, a wholly-owned subsidiary of Select Medical Holdings Corporation, and Spectrum Health have announced a joint venture to operate a long-term acute care hospital (LTACH) on the Spectrum Health Blodgett Hospital campus in East Grand Rapids, Michigan. The planned 36-bed LTACH is expected to open in summer 2017, subject to regulatory approvals. Select Medical operates 11 LTACHs in Michigan, and more than 100 nationwide. The Select Medical-Spectrum Health venture will acquire Spectrum Health Special Care Hospital, the LTACH currently operated by Spectrum Health.

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Recent Private Companies Transactions

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