SELECT MEDICAL HOLDINGS CORP (SEM) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, SELECT MEDICAL HOLDINGS CORP's filing signal turned negative.

Select Medical Holdings Corporation is a leading operator of specialized healthcare facilities in the United States, focusing on critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics. As of December 31, 2025, the company operated 104 critical illness recovery hospitals across 28 states, 38 rehabilitation hospitals in 15 states, and 1,917 outpatient rehabilitation clinics in 39 states and the District of Columbia. The company's critical illness recovery hospitals cater to patients with complex medical needs requiring prolonged recovery, while its rehabilitation hospitals provide intensive physical rehabilitation. Its outpatient clinics offer physical, occupational, and speech therapy services. For the year ended December 31, 2025, the company generated $5.45 billion in revenue, with its critical illness recovery hospitals contributing 45%, rehabilitation hospitals 24%, and outpatient rehabilitation 24%.

Revenue is primarily driven by patient service revenues generated from critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics. Reimbursement comes from Medicare, commercial payors, and other government programs.