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Select Medical acquires Valir Rehabilitation Hospital, expanding into inpatient care. The acquisition responds to increased demand for rehabilitative services in Oklahoma City. Inpatient rehabilitation contributed to double-digit growth in revenue and EBITDA in Q2 2024. Rehabilitation segment generated 15.2% of total revenue in the last quarter. Expansion is expected to enhance SEM's financial results and increase hospital count.
- Select Medical acquires Valir Rehabilitation Hospital, expanding into inpatient care.
- The acquisition responds to increased demand for rehabilitative services in Oklahoma City.
- Inpatient rehabilitation contributed to double-digit growth in revenue and EBITDA in Q2 2024.
- Rehabilitation segment generated 15.2% of total revenue in the last quarter.
- Expansion is expected to enhance SEM's financial results and increase hospital count.
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