Select Medical

Overview

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals, outpatient rehabilitation clinics, and occupational medicine centers in the United States. The companys Specialty Hospitals segment operates long term acute care hospitals (LTCHs) and inpatient acute rehabilitative hospitals. This segment offers various medical services for the treatment of respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer. As of December 31, 2016, this segment operated 123 specialty hospitals, including 103 LTCHs and 20 inpatient rehabilitation facilities in 27 states. Its Outpatient Rehabilitation segment operates clinics that provide physical, occupational, and speech rehabilitation services. This segment also offers specialized programs, such as functional programs for work related injuries, hand therapy, post-concussion rehabilitation, and athletic training services; and services that are designed to prevent short term disabilities from becoming chronic conditions. This segment operated 1,611 outpatient rehabilitation clinics in 37 states and the District of Columbia. The companys 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. This segment operated 300 medical centers, 107 onsite clinics at employer worksites, and 32 Department of Veterans Affairs CBOCs in 43 states. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg,…

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Hospitals and health systems

Healthcare systems or Healthcare organizations (HCOs) provide coordinated and comprehensive care across a variety of healthcare settings, such as hospitals, clinics and long-term care facilities. An HCO manages the day-to-day operations of healthcare facilities, coordinates care across different healthcare providers and settings, and ensure financial sustainability by managing healthcare costs, billing and revenue streams.