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Select Medical

American healthcare company

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💡 Information Card

# Select Medical


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Who / What

Select Medical is an American healthcare company specializing in long-term acute care hospitals, inpatient rehabilitation facilities, occupational health services, and physical therapy clinics. As a subsidiary of **Select Medical Holdings**, it operates across the U.S., providing specialized medical care to patients recovering from complex illnesses or injuries.


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Background & History

Founded in 1984 as **Select Care Hospital Corporation** in Pennsylvania, Select Medical expanded rapidly through acquisitions and mergers, evolving into a major player in long-term healthcare. The company’s growth was driven by its focus on high-need patient populations, including those requiring extended rehabilitation or specialized medical care. By the late 20th century, it became a leader in inpatient rehabilitation hospitals (IRFs) and occupational health services.


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Why Notable

Select Medical plays a critical role in the U.S. healthcare system by addressing gaps in long-term care, particularly for patients who require intensive rehabilitation after acute illnesses or injuries. Its operations support Medicare and private insurance reimbursement models, making it essential to millions of Americans annually. The company’s scale and specialization have positioned it as a key provider in the evolving landscape of post-hospital care.


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In the News

As a publicly traded subsidiary (Select Medical Holdings Inc., NYSE: **SMH**), Select Medical remains relevant due to its role in healthcare reform discussions, including Medicare reimbursement policies for long-term care facilities. Recent developments may include strategic expansions, regulatory compliance updates, or partnerships aimed at improving patient outcomes and operational efficiency.


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Key Facts

  • **Type:** Company (healthcare services provider)
  • **Also known as:**
  • Select Medical Holdings Inc.
  • SMH (abbreviation for parent company)
  • **Founded / Born:** 1984 (Pennsylvania, U.S.)
  • **Key dates:**
  • 1984: Founding of Select Care Hospital Corporation
  • Late 20th century: Rapid expansion through acquisitions in long-term care and rehabilitation
  • **Geography:** United States (operating across multiple states)
  • **Affiliation:**
  • Parent organization: **Select Medical Holdings** (NYSE-listed)
  • Industry: Long-term acute care, inpatient rehabilitation, occupational health

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    Links

  • [Wikipedia](https://en.wikipedia.org/wiki/Select_Medical)
  • Sources

    📌 Topics

    • Stock Ratings (1)
    • Corporate Acquisitions (1)
    • Market Performance (1)

    🏷️ Keywords

    Deutsche Bank (1) · Select Medical (1) · Stock Downgrade (1) · Acquisition Agreement (1) · Price Target (1) · Buyout Premium (1) · Analyst Ratings (1) · SEM Stock (1)

    📖 Key Information

    Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.

    📰 Related News (1)

    🔗 Entity Intersection Graph

    Deutsche Bank(1)Select Medical

    People and organizations frequently mentioned alongside Select Medical:

    🔗 External Links