Select Medical Holdings Corp - Company Profile
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Business Description
Select Medical Holdings Corp (Select Medical) is a healthcare service provider that offers post-acute recovery and rehabilitation services. The company operates critical illness recovery hospitals, inpatient rehabilitation hospitals, and outpatient rehabilitation centers. The company also offers physical, occupational, and speech rehabilitation services, and specialized programs for work-related injuries, post-concussion rehabilitation, and cancer rehabilitation. Select Medical collaborates with professional, college, and high school sports organizations, and its services are utilized by healthcare insurers, managed care organizations, and workers' compensation programs.
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R&D Overview
Select Medical is committed to research and quality improvement, focusing on delivering the best care for patients. The company's research and clinical teams are involved in a variety of projects, including testing evidence-based practices and exploring innovative treatment and rehabilitation methods. These projects encompass trials for new medical devices and real-world data analysis research. Select Medical also encourages employees and external collaborators to submit project ideas and invites patients to enroll in ongoing clinical research trials. The Baylor Scott & White Institute for Rehabilitation, California Rehabilitation Institute, Kessler Institute for Rehabilitation, and ReVital Cancer Rehabilitation are responsible for managing the company's research activities, focusing on rehabilitation and innovative treatment methods.
Business Segments
Overview
It consists of hospitals designed to serve the needs of patients recovering from critical illnesses, often with complex medical needs. In FY2025, the segment's capital expenditure stood at US$76.4 million. The segment's strategy includes a focus on specialized inpatient services; provision of high-quality care and service; control of operating costs; increase of commercial volume; and pursue of opportunistic acquisitions.
Performance
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Overview
It consists of clinics that provide physical, occupational, and speech rehabilitation services. In FY2025, the company’s capital expenditure stood at US$27.5 million.
Performance
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Overview
It consists of hospitals designed to serve patients who require intensive physical rehabilitation care. In FY2025, the segment's capital expenditure stood at US$112.5 million. The segment's strategy includes a focus on specialized inpatient services; provision of high-quality care and service; control of operating costs; increase of commercial volume; development of rehabilitation hospitals through pursuing joint ventures with large healthcare systems; and pursuit of opportunistic acquisitions.
Performance
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Overview
Include the company's corporate administration, shared services and employee leasing services with the company's non-consolidating subsidiaries. Also, hold minority investments in other healthcare-related businesses. These include investments in companies that provide specialized technology and services to healthcare entities and providers of complementary services. In FY2025, the segment's capital expenditure stood at US$229.2 million.
Performance
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