Healthcare Providers and Services
Company Overview of Select Medical Corporation
Select Medical Corporation operates specialty hospitals and outpatient rehabilitation clinics in the United States. The company’s Specialty Hospital segment operates hospitals designed to serve the needs of long term stay acute patients; and hospitals designed to serve patients that require intensive medical rehabilitation care. This segment offers services to patients having specialized needs, and serious and complex medical conditions, such as respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer. Select Medical Corporation’s Outpatient Rehabilitation segment operates clinics, as w...
4714 Gettysburg Road
Mechanicsburg, PA 17055
Founded in 1996
Key Executives for Select Medical Corporation
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Compensation as of Fiscal Year 2013.
Select Medical Corporation Key Developments
Select Medical Corporation Issues and Sold $110.0 Million in Aggregate Principal Amount of Its 6.375% Senior Notes Due 2021
Mar 11 14
On March 11, 2014, Select Medical Corporation, a wholly owned subsidiary of Select Medical Holdings Corporation, issued and sold $110.0 million in aggregate principal amount of its 6.375% senior notes due 2021 (the Additional Notes) as additional notes under the indenture pursuant to which it previously issued $600.0 million of 6.375% senior notes due 2021 (the Original Notes and, together with the New Notes, the Notes). The Additional Notes are senior unsecured obligations of the Company and are fully and unconditionally guaranteed by certain subsidiaries of the Company. The Additional Notes were offered in the United States to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act pursuant to the Indenture (the Indenture), dated May 28, 2013, by and among the Company, the guarantors named therein and U.S. Bank National Association, as trustee (the Trustee), as supplemented by the Supplemental Indenture (the Supplemental Indenture), dated March 11, 2014, by and among the Company, the guarantors named therein and the Trustee.
Select Medical Corporation Announces Pricing of its Offering of Additional $110.0 Million of its 6.375% Senior Notes Due 2021
Mar 6 14
Select Medical Holdings Corporation announced that Select Medical Corporation has priced its previously announced private placement of $110.0 million in aggregate principal amount of its 6.375% senior notes due 2021 as additional notes under the indenture pursuant to which it previously issued $600.0 million of 6.375% senior notes due 2021. The Additional Notes priced at 101.5% of their principal amount and gross proceeds of the offering to Select will be $111.65 million. The offering is expected to close on March 11, 2014, subject to the satisfaction of customary closing conditions.
Select Medical Mulls Acquisitions
Aug 9 13
Select Medical Corporation is seeking acquisitions. Martin Jackson, Executive Vice President and Chief Financial Officer of Select Medical, said, "We are taking a look at a number of acquisitions currently. We have had the dividend. And I think periodically you will see us purchasing stock back."
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