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Select Medical Plans Expansion with New Hospital Acquisition

Select Medical Plans Expansion with New Hospital Acquisition

Select Medical Plans Expansion with New Hospital Acquisition

Select Medical Corporation today announced an agreement to acquire nearly all assets of Baptist Memorial Restorative Care Hospital from Baptist Memorial Health Care. This facility, known as a critical illness recovery hospital, is situated within the larger Baptist Memorial Hospital-Memphis. While financial details of this acquisition were not made public, it represents a significant step for Select Medical.

The president of Select Medical, Tom Mullin, expressed enthusiasm about broadening their services. "We are excited to expand our presence in Memphis, further extending our world-class critical illness recovery care to meet the needs of a growing patient population requiring extended healing and recovery after serious illness or injury," he stated.

Impact of the Acquisition

This purchase will ultimately change the name of the hospital to Select Specialty Hospital – Memphis East once the acquisition is finalized in the upcoming months. This will become the second critical illness recovery hospital owned by Select Medical in the Memphis region, augmenting their ability to provide necessary care.

In addition to its new acquisition, Select Medical operates six outpatient rehabilitation centers in the greater Memphis area under the Select Physical Therapy brand. This significant location-based expansion highlights their commitment to enhancing patient care in communities.

About Baptist Memorial Health Care

Baptist Memorial Health Care is among the largest not-for-profit health care systems in the country, offering extensive services and support. As a key Medicaid provider in the region, the system oversees 24 affiliate hospitals across several states. Their infrastructure includes urgent care clinics, a network of outpatient rehabilitation and surgical centers, and a notable education system, such as the Baptist Health Sciences University.

The system serves a vast community, employing over 22,000 individuals and contributing significantly to community benefits and uncompensated care. For example, they contributed more than $465 million in support to the communities that rely on their services.

About Select Medical

Select Medical, recognized as one of the largest operators in critical illness recovery, operates numerous hospitals and outpatient rehabilitation clinics throughout the United States. As of March 2025, they managed 104 critical illness recovery hospitals across 29 states, along with various rehabilitation facilities and several outpatient centers. This extensive reach allows Select Medical to play an essential role in the health sector.

Information on Select Medical and their services is readily available on their official website, providing insights into their operations and mission to offer quality care.

Frequently Asked Questions

What is the significance of the acquisition?

The acquisition allows Select Medical to enhance their presence and service offerings in critical illness recovery care, thereby supporting more patients in their healing journey.

What will the hospital be renamed after the acquisition?

After the acquisition is completed, the hospital will be renamed Select Specialty Hospital – Memphis East.

How many critical illness recovery hospitals does Select Medical operate?

As of March 2025, Select Medical operates 104 critical illness recovery hospitals across 29 states.

What community services does Baptist Memorial Health Care provide?

Baptist Memorial Health Care offers various medical services, including urgent care, outpatient rehabilitation, and extensive community benefits initiatives.

How does Select Medical rank in the healthcare industry?

Select Medical is recognized as one of the largest operators of rehabilitation hospitals in the United States, underlining their influence and commitment to patient care.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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