Select Medical
| Company type | Subsidiary |
|---|---|
| Industry | Healthcare |
| Founded | 1996 |
| Founder | Rocco Ortenzio, Robert Ortenzio |
| Headquarters | Mechanicsburg , United States |
Area served | United States |
Key people | David Chernow (CEO), Rocco Ortenzio (Chairman), Robert Ortenzio (Chairman) |
| Products | Long-term acute care, inpatient rehabilitation hospitals, occupational health, physical therapy services |
| Parent | Select Medical Holdings |
Select Medical is a healthcare organization headquartered in Pennsylvania that focuses on providing long-term acute care, inpatient rehabilitation hospitals, as well as occupational health and physical therapy services. It functions as a subsidiary under Select Medical Holdings, which is publicly listed on the New York Stock Exchange.
History
Based in Mechanicsburg, Pennsylvania, Select Medical was established in 1996 by entrepreneurs Rocco Ortenzio and Robert Ortenzio. In 2009, the company expanded its reach through a joint venture with SSM Health Care.
By late 2012, Select Medical collaborated with Emory Healthcare to advance its rehabilitation offerings. The company underwent leadership changes in 2013 when David Chernow took over as CEO, while the Ortenzio brothers transitioned to chairman positions. That same year, Select Medical grew by acquiring two inpatient rehabilitation centers from GlobalRehab Management and formed a partnership with OhioHealth Corp to reopen the OhioHealth Rehabilitation Hospital.
The organization continued to build strategic alliances, including the establishment of the California Rehabilitation Institute in partnership with Cedars-Sinai and UCLA Health System. In 2014, it entered joint ventures with TriHealth located in Cincinnati and the Cleveland Clinic to develop a rehabilitation hospital in Avon, Ohio. Furthermore, it co-owned a rehabilitation facility with PinnacleHealth System, further enhancing its presence within the region.
In 2015, Select Medical expanded substantially by acquiring Concentra, a nationwide healthcare firm, and collaborated with Ochsner Health System to construct a rehabilitation hospital in Louisiana. The subsequent year involved a hospital exchange deal with Kindred Healthcare, the purchase of Physiotherapy Associates Holdings, and the sale of its Contract Therapy division to Encore Rehabilitation Services, allowing the company to concentrate on its primary specialties.
These initiatives demonstrate Select Medical’s strategic approach of increasing market share through acquisitions, joint ventures, and partnerships across multiple healthcare sectors, thereby reinforcing its position within specialty healthcare services.