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Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics.
In June 2015 [8] Humana sold Concentra shares to a joint venture between Select Medical Holdings Corporation (Select Medical) and Welsh, Carson, Anderson & Stowe, a private equity fund, for approximately $1.06 billion in cash. [9] The deal called for Select Medical to own 50.1% of the stock, while Welsh, Carson, Anderson & Stowe would own 49.9%.
Select Medical "operate[s] hospitals within hospitals," and "provide[s] acute long-term care to critically ill patients." [ 2 ] Beginning in February 1997, Ortenzio held the position of chairman and chief executive officer for Select Medical: he held these positions until that September. [ 3 ]
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CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
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related to: select medical paystub