Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. We should also highlight that SEM has a P/B ratio of 3.12. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. SEM's current P/B looks attractive when compar ...

Certain statements contained herein that are not descriptions of historical facts are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements use words such as "expect," "estimate," "anticipate," "outlook," "intend," "plan," "confident," "believe," "will," "should," "would," "potential," "positioning," "proposed," "planned," "objective," "likely," "could," "may," and words of similar meaning, as well as other words or express ...

If you are a shareholder of Select Medical Holdings Corporation and are interested in obtaining additional information about your rights and options, please visit us at: https://pjlfirm.com/select-medical-holdingscorporation/ Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit https://pjlfi ...

After the completion of the IPO, Select Medical will own 104,093,503 shares of Concentra's common stock, representing 82.23% of the total outstanding shares of Concentra's common stock (or 80.09% if the underwriters exercise in full their over-allotment option). 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 based on number of facilities. Select Medical's ...

MECHANICSBURG, Pa., July 12, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced an estimate of certain financial results of its wholly-owned subsidiary, Concentra Group Holdings Parent, Inc. ("Concentra"), for the second quarter ended June 30, 2024 in advance of the announcement of Select Medical's actual results, which is expected to occur after market close on Thursday, August 1, 2024. The expectations regarding Concentra's financi ...

Select Medical Holdings Corporation (SEM) recently collaborated with Pittsburgh-based healthcare provider, UPMC, to unveil plans to open a satellite facility of the original Helen M. Simpson Rehabilitation Hospital, a joint venture hospital of SEM and UPMC. A satellite facility, as defined in SEM's annual filing, is a long-term care hospital ("LTCH") that uses the same Medicare provider number as its affiliated "primary site" LTCH and is generally located within 35 miles of the primary site. Satellite LTCHs ...

Company Overview - Select Medical Holdings Corporation is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on the number of facilities [3] - As of March 31, 2024, Select Medical operated 107 critical illness recovery hospitals in 28 states, 33 rehabilitation hospitals in 12 states, 1,922 outpatient rehabilitation clinics in 39 states and the District of Columbia, 547 occupational health centers in 41 states, and 151 onsite clinics at employer worksites [3] - The company has operations in 46 states and the District of Columbia [3] Financial Results Announcement - Select Medical will release its financial results for the second quarter ended June 30, 2024, on Thursday, August 1, 2024, after the market closes [2] - A conference call regarding the second quarter results and business outlook will be hosted on Friday, August 2, 2024, at 9:00 am ET [4] - The conference call will be available as a live webcast and a replay will be accessible shortly after the call [4]

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Core Viewpoint - Select Medical Holdings Corporation and Concentra Group Holdings Parent, Inc. announced the pricing of $650 million aggregate principal amount of 6.875% senior notes due 2032 as part of a plan to separate Concentra, its occupational health services business [1] Group 1: Offering Details - The offering consists of senior notes priced at 6.875% and is due in 2032 [1] - Concentra plans to use $50 million of the net proceeds for general corporate purposes, with the remainder to be paid to Select Medical Corporation as a dividend [2] - The closing of the offering is not conditioned on the consummation of the Merger, which is expected in the third quarter of 2024 [6] Group 2: Merger and Separation - The notes will be guaranteed by Concentra and certain subsidiaries upon the consummation of the Merger, which involves merging Concentra Escrow Issuer Corporation with Concentra Health Services, Inc. [1] - If the Merger is not completed by September 30, 2024, the notes will be subject to a special mandatory redemption at 100% of the initial issue price plus accrued interest [6] Group 3: Regulatory and Compliance - The notes are being offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [7] - The notes and related guarantees have not been registered under the Securities Act and may not be offered or sold in the U.S. without registration or an exemption [7]

Cautionary Statement Regarding Forward-Looking Statements Joel T. Veit 717-972-1100 [email protected] The notes and related guarantees are being offered in a private placement, solely to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), or to persons other than "U.S. persons" outside the United States in compliance with Regulation S under the Securities Act. The notes and related guarantees have not ...