Select Medical Holdings Corporation (SEM) is a leading provider of specialized healthcare services in the United States. The company operates through two main segments: Critical Illness Recovery Hospital and Rehabilitation Hospital care. The company manages a network of specialty hospitals, including critical illness recovery hospitals, inpatient rehabilitation hospitals, outpatient physical therapy locations, and occupational medicine centers.
Founded in 1996 and headquartered in Mechanicsburg, Pennsylvania, Select Medical offers an intensive, specialized approach to care, helping a broad range of patients recover disabilities or illnesses. From people who have experienced catastrophic injuries to those recovering from COVID-19, they focus on the specialized needs of the patient.
Their Critical Illness Recovery Hospitals provide long-term acute care to patients suffering from catastrophic critical illnesses while Inpatient Rehabilitation Hospitals deliver comprehensive rehabilitation services to patients recovering from neurological disorders, orthopedic conditions, strokes and more.
The company's success in delivering quality and specialized care across its facilities stems from their commitment to clinical excellence and exceptional patient experiences. With a team of highly trained medical professionals including physiatrists, pulmonologists, therapists and other health care providers, they utilize evidence-based practices to achieve superior clinical outcomes.
Their network extends to more than 2,000 locations across 47 states and the District of Columbia, offering outpatient physical therapy, and operational medicine centers focusing primarily on treating work-related injuries and providing preventative care.
In addition to its extensive network of facilities, Select Medical also implements cutting-edge telehealth practices to cater to patients who prefer or require remote consultations. This move reflects their commitment to integrate innovation into service delivery, enhancing access to medical care while prioritizing patient convenience and satisfaction.
Known for their commitment to delivering exceptional care, Select Medical's core values are designed around a set of fundamental principles that include integrity, respect, teamwork and excellence. They are dedicated to improving the quality of life for their patients and are recognized for bringing about positive change in the field of healthcare.
Financially, Select Medical Holdings Corp is traded publicly as SEM on the New York Stock Exchange. Their revenue model primarily comes from patient services, with income also derived from provisions for doubtful accounts and management fees from managed hospitals. As of the end of 2020, the company reported revenues of just over $5 billion.
Overall, Select Medical Holdings Corp's mission continues to be centered around improving the quality of life for their patients and creating a healthier world for all, as they remain an industry leader in specialized healthcare services.