Select Medical Holdings Corporation
https://www.selectmedical.com/
Select Medical Holdings Corporation is a leading healthcare company specializing in post-acute care services. Its core mission is to provide an exceptional and compassionate patient care experience, focusing on healing and recovery to restore patients' quality of life after critical illness or injury. The company's headquarters are located in Mechanicsburg, Pennsylvania, United States.
Select Medical operates across three primary segments: critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics. These facilities offer a range of specialized services, including long-term acute care, intensive physical rehabilitation, and comprehensive physical, occupational, and speech therapy. As of March 31, 2026, the company managed 103 critical illness recovery hospitals in 28 states, 41 rehabilitation hospitals in 15 states, and 1,912 outpatient rehabilitation clinics in 37 states and the District of Columbia.
In a significant recent development, Select Medical Holdings Corporation's stockholders approved a "go-private" merger on June 26, 2026. The acquisition is being led by a consortium including co-founder and Executive Chairman Robert A. Ortenzio, Martin F. Jackson, and private equity firm Welsh, Carson, Anderson & Stowe (WCAS), with the closing anticipated in mid-2026. The company remains one of the largest providers of post-acute care services in the United States, with David Chernow serving as President and CEO.
Latest updates
