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Select Medical Expands Rehab Footprint Through Vibra Healthcare JV
ZACKS· 2026-01-07 18:35
Core Insights - Select Medical Holdings Corporation (SEM) has formed a joint venture with Vibra Healthcare to enhance inpatient rehabilitation services in Southern Kentucky, specifically operating the Southern Kentucky Rehabilitation Hospital in Bowling Green [1][9] Company Strategy - The 76-bed facility will focus on acute inpatient rehabilitation for patients recovering from serious conditions such as strokes, traumatic brain injuries, and spinal cord injuries, addressing critical needs in underserved markets [2][3] - This partnership is a strategic move for SEM to expand its post-acute care services in Kentucky, complementing its existing network of two critical illness recovery hospitals and 65 outpatient rehabilitation centers [3][4] - The collaboration aligns with SEM's long-term growth strategy of expanding its rehabilitation hospital portfolio through capital-efficient joint ventures, supporting its growth objectives in the post-acute care segment [4] Future Plans - SEM is planning to open three new inpatient rehab facilities in 2026, including locations in Tucson, AZ, Ozark, MO, and New Jersey, along with additional acute rehab and neuro transitional units [5] Financial Performance - In the first nine months of 2025, SEM's total revenues increased by 4.7% year over year, indicating positive growth despite a challenging market environment [4][9] - Over the past year, SEM shares have declined by 17.9%, which is an improvement compared to the industry's decline of 26.8% [6]
PACS Group, Inc.(PACS) - Prospectus
2024-09-03 20:08
As filed with the U.S. Securities and Exchange Commission on September 3, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT Under The Securities Act of 1933 PACS Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 8051 92-3144268 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 262 N. University A ...
PACS Group, Inc.(PACS) - Prospectus(update)
2024-04-08 10:02
As filed with the Securities and Exchange Commission on April 8, 2024. Registration No. 333-277893 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT Under The Securities Act of 1933 PACS Group, Inc. (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 8051 92-3144268 (I.R.S. Employer Identification No.) 262 N. University Ave. Farmington, Utah 84025 (801) 447-98 ...
PACS Group, Inc.(PACS) - Prospectus(update)
2024-03-25 21:33
AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT Registration No. 333-277893 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 As filed with the Securities and Exchange Commission on March 25, 2024. Under The Securities Act of 1933 PACS Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 8051 92-3144268 (I.R.S. Employer Identification No.) 26 ...