Select Medical and Carilion Clinic plan a 50-bed rehab hospital in Virginia as demand continues to grow.
SEM's Q1 EPS misses due to higher expenses and weaker patient days, even as revenues top estimates and rehab segment growth partly offsets pressure.
Select Medical Holdings Corporation (SEM) Q1 2026 Earnings Call Transcript
| Health Care Providers & Services Industry | Healthcare Sector | Thomas Mullin CEO | XFRA Exchange | 81619Q105 CUSIP |
| US Country | 45,300 Employees | 28 May 2026 Last Dividend | 26 Nov 2024 Last Split | 25 Sep 2009 IPO Date |
Select Medical Holdings Corporation is a leading provider of healthcare services in the United States, specializing in a wide range of treatment and rehabilitation services across its subsidiaries. The company operates with a focus on critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers. Its comprehensive healthcare services are divided into four main segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra, catering to a variety of patient needs including heart failure, respiratory failure, neurological disorders, and occupational health services. Established in 1996 and based in Mechanicsburg, Pennsylvania, Select Medical Holdings Corporation aims to deliver specialized and high-quality care across its extensive network.
This segment includes hospitals focused on the recovery of critically ill patients. They cater to conditions such as heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring prolonged recovery, renal disease, neurological events, and trauma. The aim is to provide intensive care and specialized services to promote recovery in critical conditions.
A specialized segment providing therapy and rehabilitation treatments for patients recovering from severe illnesses and injuries. These hospitals offer services aimed at brain and spinal cord injuries, strokes, amputations, neurological disorders, orthopedic conditions, pediatric congenital or acquired disabilities, and cancer. The focus is on comprehensive rehabilitative care to assist patients in regaining function and improving their quality of life.
This segment operates clinics offering outpatient rehabilitation services, including physical, occupational, and speech therapies. The clinics offer specialized programs for work-related injuries, hand therapy, post-concussion rehabilitation, pediatric and cancer rehabilitation, and athletic training services. Outpatient Rehabilitation provides accessible and targeted therapy solutions for a wide range of conditions.
Concentra operates occupational health centers, telemedicine platforms, onsite clinics, and provides services at employer worksites. It delivers a comprehensive suite of occupational health services, consumer health, physical therapy, and preventive care. The focus of Concentra is on promoting the health and well-being of workers through preventive and responsive care strategies.