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Select Medical announces critical illness recovery hospital acquisitions and new joint venture partnerships

Press releases may be edited for formatting or style | June 21, 2021 Business Affairs

Scripps Health joined the existing joint venture partnership between Select Medical and UC San Diego Health in Select Medical's 110-bed critical illness recovery hospital, Select Specialty Hospital – San Diego, which became part of the company's national network in 2019.

Outpatient Rehabilitation
Select Medical signed a joint venture partnership to acquire an ownership interest and management services for eight HealthWorks Rehab & Fitness clinics in West Virginia. The deal also marks Select Medical's entrance into the state for outpatient physical therapy services.

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"Select Medical treats 82,000 patients a day across our post-acute care continuum. Since the outset of the COVID-19 pandemic, more than 16,000 patients requiring liberation from ventilators and extended specialty care as well as inpatient and outpatient rehabilitation have come through the doors of our hospitals, clinics and centers. The ability to extend that level of healthcare, quality and outcomes to new communities through these new joint venture partnerships is a privilege," said Chernow.

About Select Medical
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics and occupational health centers in the United States. As of March 31, 2021, Select Medical operated 99 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,809 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical's joint venture subsidiary Concentra operated 519 occupational health centers in 41 states. At March 31, 2021, Select Medical had combined operations in 46 states and the District of Columbia and employed more than 48,000 people.

SOURCE Select Medical Corporation

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