Select Medical to Acquire Oklahoma-based Valir Rehabilitation Hospital
Select Medical has announced a definitive agreement to acquire Valir Rehabilitation Hospital, a 50-bed inpatient rehabilitation facility in Oklahoma City, from Valir Health. The financial terms were not disclosed. This acquisition will expand Select Medical's presence in Oklahoma City, where it already operates a critical illness recovery hospital and 29 outpatient centers statewide.
Tom Mullin, president of Select Medical, emphasized the company's commitment to providing a full continuum of care for patients throughout their recovery journey. The acquisition aligns with Select Medical's strategy to meet the growing demand for inpatient rehabilitative care in the Oklahoma City area.
Select Medical ha annunciato un accordo definitivo per acquisire Valir Rehabilitation Hospital, una struttura di riabilitazione per pazienti ricoverati con 50 posti letto a Oklahoma City, da Valir Health. I termini finanziari non sono stati resi noti. Questa acquisizione espanderà la presenza di Select Medical a Oklahoma City, dove già opera un ospedale per la recupero delle malattie critiche e 29 centri ambulatoriali in tutto lo stato.
Tom Mullin, presidente di Select Medical, ha sottolineato l'impegno dell'azienda a fornire una gamma completa di assistenza ai pazienti durante il loro percorso di recupero. L'acquisizione si allinea con la strategia di Select Medical di soddisfare la crescente domanda di assistenza riabilitativa per pazienti ricoverati nella zona di Oklahoma City.
Select Medical ha anunciado un acuerdo definitivo para adquirir Valir Rehabilitation Hospital, un centro de rehabilitación para pacientes internados de 50 camas en Oklahoma City, de Valir Health. Los términos financieros no fueron divulgados. Esta adquisición ampliará la presencia de Select Medical en Oklahoma City, donde ya opera un hospital de recuperación de enfermedades críticas y 29 centros ambulatorios en todo el estado.
Tom Mullin, presidente de Select Medical, enfatizó el compromiso de la empresa de proporcionar un continuo completo de atención a los pacientes a lo largo de su proceso de recuperación. La adquisición se alinea con la estrategia de Select Medical de satisfacer la creciente demanda de atención de rehabilitación para pacientes internados en el área de Oklahoma City.
Select Medical은 Valir Health로부터 오클라호마 시티에 있는 50병상 입원 재활 시설인 Valir Rehabilitation Hospital을 인수하기 위한 최종 계약을 발표했습니다. 재정 조건은 공개되지 않았습니다. 이 인수를 통해 Select Medical은 이미 중환자 회복 병원과 주 전역에 29개 외래 환자 센터를 운영하고 있는 오클라호마 시티에서의 입지를 확대할 것입니다.
Select Medical의 회장인 Tom Mullin은 환자들이 회복 여정을 거치는 동안 완전한 치료 연속성을 제공하겠다는 회사의 의지를 강조했습니다. 이 인수는 오클라호마 시티 지역에서 입원 재활 치료에 대한 증가하는 수요를 충족시키기 위한 Select Medical의 전략과 일치합니다.
Select Medical a annoncé un accord définitif pour acquérir Valir Rehabilitation Hospital, un établissement de réhabilitation de 50 lits pour patients hospitalisés à Oklahoma City, de Valir Health. Les modalités financières n'ont pas été divulguées. Cette acquisition renforcera la présence de Select Medical à Oklahoma City, où elle gère déjà un hôpital de récupération pour maladies critiques et 29 centres ambulatoires dans tout l'État.
Tom Mullin, président de Select Medical, a souligné l'engagement de l'entreprise à fournir un continuum de soins complet aux patients tout au long de leur parcours de rétablissement. L'acquisition s'inscrit dans la stratégie de Select Medical de répondre à la demande croissante de soins de réhabilitation pour patients hospitalisés dans la région d'Oklahoma City.
Select Medical hat eine endgültige Vereinbarung zur Übernahme des Valir Rehabilitation Hospital, einer 50-Betten-Rehabilitationsklinik für Patienten in Oklahoma City, von Valir Health bekannt gegeben. Die finanziellen Bedingungen wurden nicht offengelegt. Diese Übernahme wird die Präsenz von Select Medical in Oklahoma City erweitern, wo das Unternehmen bereits ein Krankenhaus für die Genesung von kritischen Erkrankungen und 29 ambulante Zentren im ganzen Bundesstaat betreibt.
Tom Mullin, Präsident von Select Medical, betonte das Engagement des Unternehmens, Patienten während ihres Genesungsprozesses ein vollständiges Spektrum an Pflege zu bieten. Die Übernahme steht im Einklang mit der Strategie von Select Medical, der wachsenden Nachfrage nach stationärer rehabilitativer Pflege in der Region Oklahoma City gerecht zu werden.
- Expansion of Select Medical's presence in the Oklahoma City market
- Addition of a 50-bed inpatient rehabilitation facility to Select Medical's portfolio
- Enhancement of Select Medical's full continuum of care offerings in the region
- Potential for increased market share in the growing Oklahoma City population
- None.
Insights
The acquisition of Valir Rehabilitation Hospital by Select Medical represents a strategic move to expand their presence in the Oklahoma City market. While financial terms weren't disclosed, this deal likely strengthens Select Medical's position in the rehabilitation sector. The addition of a 50-bed inpatient facility complements their existing critical illness recovery hospital and 29 outpatient centers in the state.
This vertical integration allows Select Medical to offer a full continuum of care, potentially increasing patient retention and revenue streams. The growing Oklahoma City population suggests a rising demand for rehabilitation services, which could drive future earnings. Investors should monitor for potential synergies and economies of scale that may boost profitability in the region.
Select Medical's acquisition of Valir Rehabilitation Hospital is a strategic move to strengthen its market position in Oklahoma City. By adding an inpatient rehabilitation facility to its portfolio, Select Medical can now offer a comprehensive care continuum, from post-ICU care to outpatient services. This integration can lead to improved patient outcomes and potentially reduce readmission rates.
The deal aligns with the industry trend of consolidation to achieve operational efficiencies and enhance care coordination. It also positions Select Medical to better compete in the evolving healthcare landscape, where integrated care models are increasingly valued. Investors should watch for improvements in patient volumes and reimbursement rates as indicators of the acquisition's success.
"We are excited to bring best-in-class inpatient rehabilitative care to meet the demands of the growing
Select Medical also owns and operates Select Specialty Hospital –
"Select Medical's commitment to excellence in rehabilitation services aligns with the values that have been the cornerstone of Valir's success," said Valir Health Chairman of the Board Jon Jiles. "We believe that this transition will enhance the care and resources available to our patients. We look forward to working closely with Select Medical to ensure a seamless transition building on the legacy of exceptional care at Valir Rehabilitation Hospital."
About Valir Health
Valir Health, the parent company of Valir Rehabilitation Hospital, is a comprehensive healthcare provider offering a wide range of services dedicated to improving the health and well-being of the communities it serves. With a focus on patient-centered care, Valir Health provides innovative solutions in outpatient physical therapy, hospice care, inpatient rehabilitation, and PACE- Program of All-Inclusive Care for the Elderly. For more information, visit www.valir.com.
About Select Medical
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in
Media Contacts
For Select Medical: Shelly Eckenroth, seckenroth@selectmedical.com or 717-920-4035
For Valir Health: Kelli Adams, kadams@valir.com or 405-553-1553
View original content:https://www.prnewswire.com/news-releases/select-medical-to-acquire-oklahoma-based-valir-rehabilitation-hospital-302238080.html
SOURCE SELECT MEDICAL CORPORATION
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