OverviewSuggest Edit

Select Medical operates acute care hospitals (LTCHs), inpatient rehabilitation facilities (IRFs), outpatient rehabilitation clinics, and occupational medicine centers. The Сompany operates through four segments: Long Term Acute Care, Inpatient Rehabilitation, Outpatient Rehabilitation, and Concentra. The Long Term Acute Care segment consists of hospitals that provide services for heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring recovery, renal disease, neurological events, and trauma. The Inpatient Rehabilitation segment offers therapy and rehabilitation treatments, including rehabilitative services for brain and spinal cord injuries, strokes, amputations, neurological disorders, orthopedic conditions, pediatric congenital or acquired disabilities, and cancer. The Outpatient Rehabilitation segment operates rehabilitation clinics that provide physical, occupational, and speech rehabilitation programs and services; and specialized programs, such as functional programs for work related injuries, hand therapy, post-concussion rehabilitation, and athletic training services. The Сompany'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.
TypePublic
Founded1996
HQMechanicsburg, US
Websiteselectmedical.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2018)33,700(+13%)
Job Openings1,776
Revenue (FY, 2019)$5.1 B(+15%)
Share Price (Sept 2020)$20.1
Cybersecurity ratingCMore

Key People/Management at Select Medical

David Chernow

David Chernow

President & CEO
Martin Jackson

Martin Jackson

CFO & Evp
Robert Ortenzio

Robert Ortenzio

Co-Founder, Executive Chairman
John Saich

John Saich

Chro & Evp
Scott Romberger

Scott Romberger

Chief Accounting Officer
Rocco Ortenzio

Rocco Ortenzio

Co-Founder, Vice Chairman of the Board
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Select Medical Office Locations

Select Medical has an office in Mechanicsburg
Mechanicsburg, US (HQ)
4714 Gettysburg Rd
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Select Medical Financials and Metrics

Select Medical Revenue

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View revenue for all periods
Select Medical's revenue was reported to be $5.08 b in FY, 2019 which is a 14.3% increase from the previous period.
USD

Revenue (Q2, 2019)

1.4b

Gross profit (Q2, 2019)

211.2m

Gross profit margin (Q2, 2019), %

15.5%

Net income (Q2, 2019)

44.8m

EBIT (Q2, 2019)

124.9m

Market capitalization (15-Sept-2020)

2.7b

Closing stock price (15-Sept-2020)

20.1

Cash (30-Jun-2019)

124.0m

EV

7.0b
Select Medical's current market capitalization is $2.7 b.
Annual
USDFY, 2016FY, 2017FY, 2019

Revenue

4.3b4.4b5.1b

Revenue growth, %

15%4%14%

Cost of goods sold

3.7b3.7b4.3b

Gross profit

621.2m709.4m740.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

1.1b1.1b1.1b1.3b1.3b1.3b1.3b1.4b

Cost of goods sold

928.4m920.2m938.9m1.1b1.1b1.1b1.1b1.2b

Gross profit

183.0m200.4m158.3m187.2m201.5m180.3m192.5m211.2m

Gross profit Margin, %

16%18%14%15%16%14%15%16%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

99.0m122.5m175.2m

Accounts Receivable

573.8m691.7m706.7m

Current Assets

808.1m920.8m992.5m

PP&E

892.2m912.6m979.8m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

125.3m220.6m176.9m

Depreciation and Amortization

145.3m160.0m201.7m

Accounts Payable

(15.5m)3.9m(1.8m)

Cash From Operating Activities

346.6m238.1m494.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

23.5m74.8m99.6m44.0m104.5m147.2m53.3m113.3m

Depreciation and Amortization

42.5m80.9m119.6m46.8m98.5m149.0m52.1m107.1m

Accounts Payable

412.0k759.0k3.9m(6.6m)(5.5m)(3.5m)4.3m2.7m

Cash From Operating Activities

(55.9m)40.3m130.0m50.7m217.0m381.0m41.8m132.9m
USDFY, 2016

Revenue/Employee

145.8k

Debt/Equity

3 x

Debt/Assets

0.6 x

Financial Leverage

5.5 x
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Select Medical Operating Metrics

FY, 2015FY, 2016FY, 2017

Inpatient Rehabilitation Facilities

18 20 24

Long-Term Care Hospitals

109 103 100

Medical Centers (Concentra)

300 300 312

Outpatient Rehabilitation Clinics

1.04 k1.61 k1.62 k
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Select Medical Acquisitions / Subsidiaries

Company NameDateDeal Size
AbsoluteCVO
ACC Capital
Actra Rehabilitation Associates
Advantage Rehabilitation Clinics
Alexandria Sports
Allevant Solutions
Ambulatory Care Solutions
Ambulatory Care Solutions of Arkansas LLC
Ambulatory Care Solutions of Ohio LLC
American Current Care
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Select Medical Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Select Medical Revenue Breakdown

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Select Medical revenue breakdown by business segment: 13.9% from Rehabilitation Hospital, 34.5% from Critical Illness Recovery Hospital, 30.7% from Concentra and 20.9% from Outpatient Rehabilitation

Select Medical Online and Social Media Presence

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Select Medical News and Updates

Select Medical Corporation Announces Pricing and Upsizing of its Offering of an Additional $675 million of its 6.250% Senior Notes due 2026

MECHANICSBURG, Pa., Dec. 5, 2019 /PRNewswire/ -- Select Medical Holdings Corporation ("Holdings") (NYSE: SEM), today announced that Select Medical Corporation ("Select") has priced its private placement of $675 million aggregate principal amount of its 6.250% senior notes due 2026 (the...

Select Medical Corporation Comments on Settlement of Qui Tam Lawsuit in Evansville, Indiana

MECHANICSBURG, Penn., Oct. 18, 2019 /PRNewswire/ -- Select Medical Corporation ("Select Medical"), today commented on the settlement of a qui tam lawsuit filed in the United States District Court for the Southern District of Indiana against it, certain of its subsidiaries and an...

Select Medical Holdings Corporation Announces Results For Its Second Quarter Ended June 30, 2019

MECHANICSBURG, Pa., Aug. 1, 2019 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) today announced results for its second quarter ended June 30, 2019. For the second quarter ended June 30, 2019, net operating revenues increased 5.0% to $1,361.4 million,...

Select Medical Corporation Closes Private Placement of $550 Million of 6.250% Senior Notes due 2026

MECHANICSBURG, Pa., Aug. 1, 2019 /PRNewswire/ -- Select Medical Holdings Corporation ("Holdings") (NYSE: SEM), today announced that Select Medical Corporation ("Select") has completed its private placement of $550.0 million aggregate principal amount of its 6.250% Senior Notes due 2026....

Select Medical Corporation Announces Pricing of 6.250% Senior Notes due 2026

MECHANICSBURG, Pa., July 29, 2019 /PRNewswire/ -- Select Medical Holdings Corporation ("Holdings") (NYSE: SEM), today announced that Select Medical Corporation ("Select") has priced its private placement of $550.0 million aggregate principal amount of its 6.250% senior notes due 2026. The ...

Select Medical Holdings Corporation Announces Estimate of Certain Results for Second Quarter Ended June 30, 2019 in connection with Refinancing Discussions

MECHANICSBURG, Pa., July 18, 2019 /PRNewswire/ -- As previously disclosed, Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) is currently in discussions with its lenders regarding a proposed refinancing of certain of its outstanding indebtedness. In connection with such...
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Select Medical Frequently Asked Questions

  • When was Select Medical founded?

    Select Medical was founded in 1996.

  • Who are Select Medical key executives?

    Select Medical's key executives are David Chernow, Martin Jackson and Robert Ortenzio.

  • How many employees does Select Medical have?

    Select Medical has 33,700 employees.

  • What is Select Medical revenue?

    Latest Select Medical annual revenue is $5.1 b.

  • What is Select Medical revenue per employee?

    Latest Select Medical revenue per employee is $150.8 k.

  • Who are Select Medical competitors?

    Competitors of Select Medical include DaVita, HCR ManorCare and Community Health Systems.

  • Where is Select Medical headquarters?

    Select Medical headquarters is located at 4714 Gettysburg Rd, Mechanicsburg.

  • Where are Select Medical offices?

    Select Medical has an office in Mechanicsburg.

  • How many offices does Select Medical have?

    Select Medical has 1 office.