About Select Medical
Select Medical is a company based in Mechanicsburg (United States) founded in 1996 by Robert A Ortenzio and Rocco A Ortenzio.. The company has 44,100 employees as of December 31, 2024. Select Medical has completed 6 acquisitions, including AcuityHealthcare, Concentra and MyPhysio. Select Medical operates in a competitive market with competitors including UPMC, Ardent Health, Novant Health, Northwell and Providence Health & Services, among others.
- Headquarter Mechanicsburg, United States
- Employees 44100 as on 31 Dec, 2024
- Founders Robert A Ortenzio, Rocco A Ortenzio
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Select Medical Holdings Corporation
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Annual Revenue
$5.19 B7.48as on Dec 31, 2024
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Net Profit
$214.04 M-12.1as on Dec 31, 2024
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EBITDA
$407.77 M1.58as on Dec 31, 2024
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Latest Funding Round
$550 M (USD), Debt – Conventional
Aug 01, 2019
- Investors
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Employee Count
44100
as on Dec 31, 2024
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Investments & Acquisitions
AcuityHealthcare
& 5 more
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IPO & Listings of Select Medical
Select Medical is a publicly listed company on the NYSE with ticker symbol SEM in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Select Medical
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $550.0M
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First Round
First Round
(17 Jun 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Debt – Conventional - Select Medical | Valuation |
investors |
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| Jun, 2009 | Amount | Grant - Select Medical | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Select Medical
Select Medical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include U.S. Department of Education. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Education promotion is managed by the federal agency ED.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Select Medical
Select Medical has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AcuityHealthcare, Concentra and MyPhysio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Standalone long-term acute care hospital
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2014 | ||||
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Manages a chain of multispecialty hospitals.
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2011 | ||||
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Standalone general hospital
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Select Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Select Medical Comparisons
Competitors of Select Medical
Select Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UPMC, Ardent Health, Novant Health, Northwell and Providence Health & Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multispecialty hospitals are operated as a nationwide chain.
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| domain | founded_year | HQ Location |
Investment company focused on health sectors
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| domain | founded_year | HQ Location |
Multispecialty hospital services are delivered through a regional chain.
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| domain | founded_year | HQ Location |
A chain of multispecialty hospitals is operated in New York.
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| domain | founded_year | HQ Location |
Chain of multispeciality hospitals
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| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Select Medical
Frequently Asked Questions about Select Medical
When was Select Medical founded?
Select Medical was founded in 1996 and raised its 1st funding round 13 years after it was founded.
Where is Select Medical located?
Select Medical is headquartered in Mechanicsburg, United States. It is registered at Mechanicsburg, Pennsylvania, United States.
How many employees does Select Medical have?
As of Dec 31, 2024, the latest employee count at Select Medical is 44,100.
What is the annual revenue of Select Medical?
Annual revenue of Select Medical is $5.19B as on Dec 31, 2024.
What does Select Medical do?
In 2021, the company recorded annual revenues of 5.53B, and a net profit of 0.25B.
Who are the top competitors of Select Medical?
Select Medical's top competitors include UPMC, Mercy Health and Providence Health & Services.
Is Select Medical publicly traded?
Yes, Select Medical is publicly traded on NYSE under the ticker symbol SEM.
How many acquisitions has Select Medical made?
Select Medical has made 6 acquisitions, including AcuityHealthcare, Concentra, and MyPhysio.
Who are Select Medical's investors?
Select Medical has 1 investor. Key investors include U.S. Department of Education.
What is Select Medical's ticker symbol?
The ticker symbol of Select Medical is SEM on NYSE.