| Business Summary | | Select
Medical
Corp.
(SLMC)
is
the
second
largest
operator
of
specialty
acute
care
hospitals
for
long
term
stay
patients
in
the
United
States
based
on
the
number
of
facilities.
SLMC
also
is
the
second
largest
operator
of
outpatient
rehabilitation
clinics
in
the
United
States
and
the
largest
operator
of
outpatient
rehabilitation
clinics
in
Canada
based
on
the
number
of
clinics.
In
its
specialty
hospitals,
SLMC
treats
patients
with
serious
and
often
complex
medical
conditions
such
as
respiratory
failure,
neuromuscular
disorders,
cardiac
disorders,
non-healing
wounds,
renal
disorders
and
cancer.
In
its
clinics,
SLMC
provides
physical,
occupational
and
speech
rehabilitation
programs
and
services.
Patients
typically
are
diagnosed
with
musculoskeletal
impairments
that
restrict
their
ability
to
perform
normal
activities
of
daily
living. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Select
Medical
Corporation
is
an
operator
of
specialty
acute
care
hospitals
for
long
term
stay
patients
and
an
operator
of
outpatient
rehabilitation
clinics
in
the
United
States
and
Canada.
For
the
six
months
ended
6/30/01,
revenues
rose
16%
to
$459.3
million.
Net
income
before
extraordinary
item
applicable
to
Common
totaled
$11.2
million,
up
from
$2.8
million.
Revenues
reflect
improved
occupancy
rate
and
a
higher
non-Medicare
payor
mix.
Net
income
reflects
lower
labor
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Rocco Ortenzio, 68 Chairman,
CEO | $581K | Robert Ortenzio, 43 Pres,
COO, Director | 504K | Martin Jackson, 46 CFO,
Sr. VP | -- | Edward Miersch, 44 Pres,
NovaCare Rehabilitation Division | -- | LeRoy Zimmerman, 65 Exec.
VP- Public Policy, Director | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|