Select Medical Holdings Corporation · Mechanicsburg, PA United States ·(NASDAQ (GS): SLMC)
Company Description
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This link will open in a new window Select Medical provides inpatient medical rehabilitation at nearly 100 long-term acute care hospitals in 25 states. These centers, usually located in leased space within general hospitals ("hospitals within hospitals"), specialize in treating severe ailments such as respiratory failure, spinal cord injury, and other conditions that require medically complex care over the long term. The firm also runs outpatient rehab clinics and offers contract rehab services at nursing homes and other locations. With its 2007 purchase of HealthSouth's outpatient rehab division, the firm has about 1,000 outpatient clinics across the US. Welsh Carson holds a controlling interest in the company, which filed to go public in 2008.
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Key Select Medical Holdings Corporation Financials
| Company Type | Private - NASDAQ (GS): SLMC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,153.4 |
| 2008 Employees | 21,300 |
Select Medical Holdings Corporation Executives
17 executives listed for Select Medical Holdings Corporation's Mechanicsburg, PA location.
| Title | Name & Bio | Contact |
| Executive Chairman | Rocco Ortenzio | Network |
| CEO and Director | Robert Ortenzio | Network |
| President and COO | Patricia Rice | Network |
Competition
Competitive Landscape for Select Medical Holdings Corporation
Demand for nursing care is linked to the demographics of the US population. The profitability of individual nursing facilities depends on efficient operations, as revenue per patient is largely controlled by the big government insurance programs, Medicare, and Medicaid. Large companies have some economies of scale in administration and purchasing, but small operators can compete effectively by offering better service. The industry is highly labor-intensive: annual revenue per worker is about $55,000. To read the full description, subscribe now.Top Select Medical Holdings Corporation Competitors
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