The Centers for Medicare and Medicaid Services has updated proposed payments for inpatient psychiatric facilities and also for rehabilitation care. The proposed payment increases of 2.3% for psychiatric care and 2.4% for rehab are lower than last year’s final rule increases. For fiscal year 2027, CMS is proposing to update the Inpatient Psychiatric Facility (IPF) […]
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Earlier this week, Select Medical Holdings Corporation (NYSE: SEM) announced that it had signed a definitive agreement to be acquired by an investor consortium led by Robert Ortenzio, Martin Jackson, and Welsh, Carson, Anderson & Stowe (WCAS). The take-private transaction values Select Medical at $16.50 per share, representing an enterprise value of approximately $3.9 billion.
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Select Medical Holdings Corporation (“Select Medical,” “we,” “us,” or “our”) (NYSE: SEM) announces that it has entered into a definitive agreement (the “Merger Agreement”) pursuant to which an entity affiliated with a consortium led by Robert A. Ortenzio, Executive Chairman, Co-Founder and Director of Select Medical, Martin F. Jackson, Senior Executive Vice President of Strategic
Select Medical Corporation (“Select Medical”) and Vibra Healthcare, LLC (“Vibra Healthcare”) signed a joint venture agreement to own and operate Southern Kentucky Rehabilitation Hospital in Bowling Green, Kentucky. The hospital, currently operated by Vibra Healthcare, will transition to the joint venture in Q1 2026. The 76-bed hospital will provide acute inpatient rehabilitation services for patients
National healthcare leader PAM Health is pleased to announce its acquisition of the former Everest Rehabilitation Orlando on August 1, 2025. The new hospital is slated to open later this fall as PAM Health Rehabilitation Hospital of Ocoee. Conveniently located at 1820 E. Silver Star Road, Ocoee, Florida, this 36-bed hospital further solidifies PAM Health’s
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