Post-Acute Provider Select Medical Grows Through Acquisition, Joint Ventures

Healthcare Innovation June 21, 2021
David Raths

Among new joint venture partners are Ascension St. Thomas, Scripps Health and Northwest Healthcare

Select Medical Corp. is expanding its footprint by adding seven critical illness recovery hospitals, licensed as long-term acute care, and eight new outpatient clinics through acquisitions and new joint venture partnerships.

Mechanicsburg, Pa.-based Select Medical (NYSE: SEM) is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics and occupational health centers in the United States. It treats 82,000 patients a day across its post-acute care continuum. As of March 31, 2021, Select Medical operated 99 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,809 outpatient rehabilitation clinics in 37 states and the District of...

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