Select Medical
About Select Medical
Select Medical is a company based in Mechanicsburg (United States) founded in 1996 by Robert A Ortenzio and Rocco A Ortenzio was acquired by Welsh, Carson, Anderson & Stowe in March 2026. 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
Locked
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Website
Locked
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Social
Locked
- Legal Name Select Medical Holdings Corporation
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Annual Revenue
$5.19 B (USD)7.48as on Dec 31, 2024
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Net Profit
$214.04 M (USD)-12.1as on Dec 31, 2024
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EBITDA
$407.77 M (USD)1.58as on Dec 31, 2024
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Latest Funding Round
$550 M (USD), Debt – Conventional
Aug 01, 2019
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Investors
Welsh, Carson, Anderson & Stowe
& 1 more
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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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Acquired by
Welsh, Carson, Anderson & Stowe
(Mar 03, 2026)
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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
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 |
|---|---|---|---|---|
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Healthcare and technology sectors are targeted for private equity investments.
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Locked | Locked | Locked | |
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Education promotion is managed by the federal agency ED.
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Locked | Locked | Locked |
Investor details 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.
Investment portfolio details for Select Medical
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Standalone long-term acute care hospital
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Locked | Locked | 2014 | Locked | |
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Manages a chain of multispecialty hospitals.
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Locked | Locked | 2011 | Locked | |
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Standalone general hospital
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Locked | Locked | 2004 | Locked |
Complete acquisition details for Select Medical
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
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Verified entity values are shown only after access is granted.
Financial Statements - Select Medical
Detailed financials for Select Medical
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Select Medical Comparisons
Peer comparison for Select Medical
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- Headcount comparison
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Multispecialty hospitals are operated as a nationwide chain.
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| Locked | Locked | Locked |
Investment company focused on health sectors
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| Locked | Locked | Locked |
Multispecialty hospital services are delivered through a regional chain.
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| Locked | Locked | Locked |
A chain of multispecialty hospitals is operated in New York.
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| Locked | Locked | Locked |
Chain of multispeciality hospitals
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| Locked | Locked | Locked |
Chain of multi-speciality hospitals
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Detailed competitors of Select Medical
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on 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.
As of Dec 31, 2024, the latest employee count at Select Medical is 44,100.
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, Mercy Health and Providence Health & Services.
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.
The ticker symbol of Select Medical is SEM on NYSE.