Select Medical Agrees to Acquire Valir Rehabilitation Hospital Thu, Sep 5, 2024, 6:29 PM GMT+2 3 min read 0 In this article: SEM's Zacks Rank and Price Performance Stocks to Consider [Yaho...
Select Medical Holdings Corporation (SEM)
Last select medical holdings corporation earnings: 4/30 04:30 pm
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US:NYSE Investor Relations:
selectmedical.com/investor-relations/for-investors
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Source: Yahoo! Finance
The hospital is a 50-bed inpatient rehabilitation facility located in Oklahoma City. The financial details of the deal were kept under wraps. This move bodes well for Select Medical as it will expand its footprint in Oklahoma City. The buyout seems to be a time-opportune move on the part of Select Medical as this region is witnessing a growing demand for inpatient rehabilitative care. SEM is currently present in Oklahoma City in the outpatient care market and post-ICU. However, with this acquisition, the company is foraying into inpatient care. SEM currently operates Select Specialty Hospital, a critical illness recovery hospital in the region, along with 29 Select Physical Therapy outpatient centers. SEM's hospital divisions have been contributing to its growth trajectory, especially its inpatient rehabilitation division. This unit generated double-digit revenue growth and adjusted EBITDA in the second quarter of 2024. This acquisition also reflects SEM's efforts to grow its ex
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SEM
News
- Select Medical Holdings Co. (NYSE: SEM) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $48.00 price target on the stock.MarketBeat
- Select Medical to acquire rehabilitation facility in Oklahoma from Valir Health [Yahoo! Finance]Yahoo! Finance
- Select Medical to Acquire Oklahoma-based Valir Rehabilitation HospitalPR Newswire
- Is It Too Late To Consider Buying Select Medical Holdings Corporation (NYSE:SEM)? [Yahoo! Finance]Yahoo! Finance
- Eleven Select Medical Inpatient Rehabilitation Hospitals Rank Among Nation's Best Physical Rehab Centers by Newsweek [Yahoo! Finance]Yahoo! Finance
SEM
Earnings
- 8/1/24 - Beat
SEM
Sec Filings
- 8/5/24 - Form 4
- 8/5/24 - Form 4
- 8/5/24 - Form 4
- SEM's page on the SEC website