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Last $14.43 USD
Change Today -0.22 / -1.50%
Volume 1.5M
SEM On Other Exchanges
New York
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

select medical holdings corp (SEM) Snapshot

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52 Week High
06/25/15 - $17.20
52 Week Low
10/15/14 - $11.46
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select medical holdings corp (SEM) Details

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the United States. It operates in two segments, Specialty Hospitals and Outpatient Rehabilitation. The Specialty Hospitals segment provides long term acute care hospital services and inpatient acute rehabilitative hospital care. 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. The Outpatient Rehabilitation segment operates clinics that provides physical, occupational, and speech rehabilitation services. This segment also offers medical rehabilitative services to residents and patients of nursing homes, hospitals, schools, assisted living and senior care centers, and worksites. In addition, this segment provides specialized programs, such as functional programs for work related injuries, hand therapy, and athletic training services; and services that are designed to prevent short term disabilities from becoming chronic conditions. As of December 31, 2014, it operated 113 long term acute care hospitals and 16 acute medical rehabilitation hospitals in 28 states; and 1,023 outpatient rehabilitation clinics in 31 states and the District of Columbia. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg, Pennsylvania.

21,400 Employees
Last Reported Date: 02/25/15
Founded in 1996

select medical holdings corp (SEM) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $740.0K
Co-Founder and Executive Chairman
Total Annual Compensation: $995.0K
Co-Founder and Vice Chairman
Total Annual Compensation: $950.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2014.

select medical holdings corp (SEM) Key Developments

Ochsner Health System and Select Medical Form Strategic Partnership

Ochsner Health System and Select Medical Holdings Corporation announced they have signed an agreement to jointly open a new, 60-bed, acute inpatient rehabilitation hospital in 2016. The strategic partnership creates a limited liability company between Ochsner and Select Medical. Construction is expected to begin in early 2016. The new partnership will initially focus on managing Ochsner's current acute rehab services provided in a 29-bed unit, which is licensed separately as a hospital, within the Ochsner Medical Center-Elmwood Campus. Once fully operational, Ochsner Rehabilitation Hospital is expected to employ 180 therapists, nurses and other specialists. This new inpatient rehabilitation hospital will offer the most advanced treatments available in the region for patients with spinal cord and brain injuries, stroke, amputation, neurological disorders and musculoskeletal and orthopedic conditions.

Select Medical Holdings Corp. to Close the Select Specialty Hospital - Houston Heights on or Within 14 Days of July 3

Select Medical Holdings Corp. announced the Texas Workforce Commission earlier this month it will close the Select Specialty Hospital - Houston Heights at 1917 Ashland St. on or within 14 days of July 3, affecting 222 jobs.

Select Medical Holdings Corporation Announces Results for First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Select Medical Holdings Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net operating revenues of $795,343,000 against $762,578,000 a year ago. Income from operations was $79,265,000 against $78,444,000 a year ago. Income before income taxes was $60,469,000 against $56,459,000 a year ago. Net income was $37,285,000 against $34,367,000 a year ago. Net income attributable to company was $35,063,000 against $33,044,000 a year ago. Diluted income per share was $0.27 against $0.24 per share a year ago. Net cash used in operating activities was $16,000 against net cash provided by operating activities of $37,535,000 a year ago. Purchases of property and equipment were $27,299,000 against $27,848,000 a year ago. Adjusted EBITDA was $96,828,000 against $98,940,000 a year ago. For the year 2015, the company expects consolidated net operating revenues for the full year 2015 to be in the range of $3.1 billion to $3.2 billion.  The company continues to expect Adjusted EBITDA for the full year 2015 to be in the range of $370.0 million to $385.0 million.  The company continues to expect fully diluted income per common share for the full year 2015 to be in the range of $0.84 to $0.90.


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