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M&A Advisory
Has Been Acquired By A Joint Venture Owned By
On December 13, 2024, a joint venture owned by Select Medical Corporation (“Select Medical”) closed on its purchase of Valir Rehabilitation Hospital, a 50-bed inpatient rehabilitation facility in Oklahoma City, from Valir Health.
Select Medical also owns and operates Select Specialty Hospital – Oklahoma City, a critical illness recovery hospital, in the market as well as 29 Select Physical Therapy outpatient centers throughout the state, including two in Oklahoma City.
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 the United States based on number of facilities. As of June 30, 2024, Select Medical operated 107 critical illness recovery hospitals in 29 states, 33 rehabilitation hospitals in 13 states, 1,925 outpatient rehabilitation clinics in 39 states and the District of Columbia, and 547 occupational health centers in 41 states. At June 30, 2024, Select Medical had operations in 46 states and the District of Columbia.
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.
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