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-0.000343406593406525 -0.000343406593406525 0.00206043956043952 0.00274725274725281 -0.000858516483516435 0.00180288461538468 0.00103021978021982 0
Stock impact report

Select Medical (SEM) Expands in Florida With UF Health JV [Yahoo! Finance]

Select Medical Holdings Corporation (SEM) 
Last select medical holdings corporation earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This new hospital will function within UF Health North in Jacksonville, FL. This move bodes well for SEM as it will expand its footprint in inpatient rehabilitative care in the Northern Florida region. The company currently consists of more than 33 inpatient rehabilitation centers across multiple brands. Select Medical will manage operations and the new hospital will be branded as UF Health Rehabilitation Hospital. It will contribute its clinical expertise and programs, which will further attract commercial payors, thereby improving the financial performance of the JV. This JV reflects SEM's efforts to grow its existing networks and improve its financial results as a by-product. SEM has been quite active in pursuing opportunistic acquisitions and identifying JVs. The company has many upcoming projects in the inpatient rehabilitation space and it expects this business to continue with its strong performance in 2024. It expects to complete or be under construction of 533 inpatient r Show less Read more
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