Select Medical
About Select Medical
Select Medical is a publicly listed company based in Mechanicsburg (United States) founded in 1996 by Robert A Ortenzio and Rocco A Ortenzio, and was acquired by Welsh, Carson, Anderson & Stowe in March 2026. Chain of multispeciality hospitals. The company has 44,100 employees. Select Medical has completed 6 acquisitions, including AcuityHealthcare, Concentra and MyPhysio. Its website selectmedical.com draws about 596 thousand monthly visits. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its competitors include UPMC, Ardent Health and Novant Health; 1 of its 3 listed competitors has raised funding.
Company details
In 2021, the company recorded annual revenues of 5.53B, and a net profit of 0.25B.
- Headquarters Mechanicsburg, United States
- Employees 44,100
- Founders Robert A Ortenzio, Rocco A Ortenzio
- Stage Public
- SectorsHealthcare
- Website category Health
- Phone•••• ••••
- Website selectmedical.com
- Social LinkedIn X Facebook
- Acquired by Welsh, Carson, Anderson & Stowe (Mar 2026)
- Legal Name Select Medical Holdings Corporation
- Annual Revenue$5.19 B (USD)7.48as on Dec 31, 2024
- Net Profit$214.04 M (USD)-12.1as on Dec 31, 2024
- EBITDA$407.77 M (USD)1.58as on Dec 31, 2024
- Latest Funding Round$550M (USD), Debt – Conventional
Aug 2019
- InvestorsWelsh, Carson, Anderson & Stowe
& 1 more
- Employee Count44,100
- Investments & AcquisitionsAcuityHealthcare
& 5 more
- Acquired byWelsh, Carson, Anderson & Stowe
(Mar 2026)
Funding Insights of Select Medical
- Total Rounds 2
- Last Round Debt – Conventional — $550M
- First Round $547,473
(Jun 2009)
- Investors Count 1
All 2 funding rounds of Select Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $550M | Debt – Conventional | – | – | – |
| Jun 2009 | $547,473 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Select Medical
Select Medical has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe and U.S. Department of Education.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Healthcare and technology sectors are targeted for private equity investments. | 1979 | wcas.com | New York, United States | |
Education promotion is managed by the federal agency ED. | 1980 | ed.gov |
Investor details for Select Medical
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People of Select Medical
2 people are tracked at Select Medical (2 in leadership); the tracked headcount is 44,100.
| Name | Role | Group |
|---|---|---|
Robert A Ortenzio | Co-Founder | Leadership |
Rocco A Ortenzio | Co-Founder | Leadership |
Complete people profiles for Select Medical
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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.
- IPO date25 Sep 2009
- Listed onNASDAQ: SEM
- Listed entitySelect Medical Holdings Corporation
- Exchange sectorHealth services
- ISINUS81619Q1058
- Share price$16.41 (-0.18% on the day) · 2026-05-11
- Market capitalisation$2.04B
- Price to earnings15.4
- EPS (diluted, trailing year)$1.06
- Dividend yield1.52%
- Volume (last session)2,018,271
- Analyst consensusNeutral
Financials of Select Medical
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $5.19B | $214.0M | $407.8M |
| 2023 | $4.83B | $243.5M | $401.4M |
| 2022 | $6.33B | $153.4M | $580.3M |
| 2021 | $6.20B | $388.8M | $772.4M |
| 2020 | $5.53B | $250.1M | $683.3M |
Detailed financial statements for Select Medical
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Standalone general hospital | vhrichmond.com | Richmond, United States | 2004 | Apr 2023 | •••• | |
Chain of multi speciality hospitals | acuityhealthcare.net | Charlotte, United States | 2001 | Jun 2021 | •••• | |
Standalone long-term acute care hospital | promisefortmyers.com | Fort Myers, United States | 2014 | Mar 2019 | •••• | |
Manages a chain of multispecialty hospitals. | promise-villages.com | United States | 2011 | Mar 2019 | •••• | |
Customized physical therapy programs and specialized therapies are offered. | myphysio.com | Exton, United States | 1985 | Jan 2016 | $400M | |
Healthcare services for employee injury care and therapy are provided. | concentra.com | Addison, United States | 1978 | Jun 2015 | $1.06B |
Complete acquisition details for Select Medical
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Timeline of Select Medical
11 dated milestones of Select Medical across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Select Medical is founded.
- Funding First funding round of $547K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Concentra.
- Acquisition Acquires MyPhysio.
- Acquisition Acquires Promise Hospital of Fort Myers.
- Acquisition Acquires Promise Hospital Of Florida At The Villages.
- Funding Latest funding round, Debt – Conventional, of $550.0M.
- Acquisition Acquires AcuityHealthcare.
- Acquisition Acquires Vibra Hospital of Richmond.
- Exit Acquired by Welsh, Carson, Anderson & Stowe.
Competitors of Select Medical
Select Medical has 3 listed competitors in our database, 1 of them funded. They include UPMC, Ardent Health and Novant Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upmc.com | 1986 | United States | 47,721 | Multispecialty hospitals are operated as a nationwide chain. | ||
| ardenthealth.com | 1993 | Nashville, United States | $500M | Investment company focused on health sectors | ||
| novanthealth.org | 1997 | Charlotte, United States | 29,747 | Multispecialty hospital services are delivered through a regional chain. |
Detailed competitors of Select Medical
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Web traffic of Select Medical
The website of Select Medical (selectmedical.com) receives about 595.6K visits a month and ranks #91,516 among all websites worldwide, #2,619 in Health.
- Monthly visits595.6K
▲ 15.4% vs previous month
- Unique visitors133.8K
per month
- Global rank#91,516
among all websites
- Category rank#2,619
Health · Health
- Bounce rate57%
- Pages per visit3.5
- Average visit2 min 52 sec
- DevicesDesktop 64% · Mobile 36%
Websites whose visitors overlap most with Select Medical. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| selectspecialtyhospitals.com | 100% | #693,058 | View details | ||
kort.com | kort.com | 89% | #1,751,940 | – | |
kesslerrehabilitationcenter.com | kesslerrehabilitationcenter.com | 89% | #1,550,641 | – | |
| capbluecross.com | 82% | #100,476 | View details | ||
| selectphysicaltherapy.com | 80% | 68.8K | #403,570 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 37 similar websites and full traffic analytics for Select Medical
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- 37 similar websites
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Top companies in Hospitals & Clinical Care
3 companies that operate in the same segment as Select Medical (Hospitals & Clinical Care) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-specialty hospitals and surgery centers are operated nationwide. | 1968 | Nashville, Tennessee, United States | USD 97.27 M | USD 75.6 B | 316,000 | |
Standalone veterinary clinics are operated for pet care services. | 2017 | New York, New York, United States | USD 98.5 M | |||
Healthcare services, research, education, and community support are provided. | 1942 | United States |
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Related news about Select Medical
Complete news archive for Select Medical
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Frequently Asked Questions about Select Medical
Select Medical was founded in 1996 and raised its 1st funding round 13 years after it was founded.
Select Medical is headquartered in Mechanicsburg, United States. It is registered at Mechanicsburg, Pennsylvania, United States.
Select Medical has 44,100 employees.
Annual revenue of Select Medical is $5.19B as on Dec 31, 2024.
In 2021, the company recorded annual revenues of 5.53B, and a net profit of 0.25B.
Select Medical's top competitors include UPMC, Novant Health and Ardent Health.
Yes, Select Medical is publicly traded on NYSE under the ticker symbol SEM.
Select Medical has made 6 acquisitions, including AcuityHealthcare, Concentra, and MyPhysio.
Select Medical has 2 investors. Key investors include Welsh, Carson, Anderson & Stowe, and U.S. Department of Education.
Yes. Select Medical was acquired by Welsh, Carson, Anderson & Stowe in March 2026.
The website of Select Medical receives about 596 thousand visits a month and ranks #91,516 among all websites worldwide.