BNET Industries

Last Fiscal Year Sales:$1.9B
  • Private
  • US
Dow Jones Description

When disease selects you, choose Select. Select Medical Corporation, based in Mechanicsburg, PA, provides physical, occupational, and speech rehabilitation services through its outpatient divisions. Its specialty hospital segment serves the needs of acute patients and those requiring intensive medical rehabilitation care. It has about 80 long-term acute care hospitals in 25 states, and some 760 outpatient rehabilitation clinics in 26 states. Founded in 1996, the company employs about 20,900 people and has revenue of $1.8 billion. The company was named to Forbes Platinum 400 list in 2006 for the second consecutive year as one of America's Best Managed Companies. It was also voted one of the 100 Best Places to Work in Pennsylvania for the third consecutive year.

Chief Executive Officer
Robert A. Ortenzio
Number of Employees 21,000
Contact Information

4716 Old Gettysburg Rd

Mechanicsburg, Pennsylvania 17055-4378

www.selectmedic...

(717) 972-1100

NAICS Code Nursing Care Facilities: 623110

Recent Events

  • Wells Fargo Initiates Coverage on Select Medical Corp SEM with a Market Perform; IRF Joint...

    11/06/09 - Bond / Stock Rating - View Story

  • Select Medical Q2 earnings up $17M

    8/15/09 - Financial Announcement - View Story

News & Analysis

select medical corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert A. Ortenzio Chief Executive Officer
David W. Cross Chief Development Officer
James J. Talalai Chief Information Officer
Martin F. Jackson Chief Financial Officer
Scott A. Romberger Chief Accounting Officer
Don Kaercher Senior Vice President, Finance, Inpatient
Michael E. Tarvin General Counsel, Senior Vice President & Secretary
S. Frank Fritsch Senior Vice President, HR
Bob Brighner Vice President, Compliance & Audit Services
Jack Egan Vice President
Ken Moore Vice President, Mergers & Acq
Lou Castile Vice President, Operations & Startup
Marcia Medlin Vice President, Clinical Services
Tom Buckingham Regional Vice President
Michael Lucido
Tim Heeke
David S. Chernow Director
James E. Dalton JR. Director
Patricia A Rice Director
Sean M. Traynor Director
Thomas Scully Director

Board of Directors

Name (plus bio) Position
Andrew Paul Advisory Board Member
Kevin C Westra Board of Directors
Leo Swergold Advisory Board Member
Leopold Swergold Board of Directors
R Ortenzio Board Member
Russell W. Carson Advisory Board Member

Robert A. Ortenzio has been a director of US Oncology since 1992 and joined the board of directors of Holdings upon consummation of the August, 2004 Merger. He has been President and Chief Executive Officer of Select Medical Corporation since September 2001 and was President and Chief Operating Officer of Select Medical Corporation from February 1997 until September 2001. He is also a director of Select Medical Corporation. Prior to that time, Mr. Ortenzio was a co-founder and president of Continental Medical Systems, Inc., a provider of comprehensive medical rehabilitation programs and services, and a director of Horizon/CMS Healthcare Corporation, and served in various capacities at Continental Medical Systems, Inc. since February 1986. Mr. Ortenzio serves as a director of Odyssey Healthcare, a publicly-traded healthcare company providing services to terminally ill patients. R. Steven Paulson, M.D. was elected to serve as a director of US Oncology and Holdings in April, 2006. Dr. Paulson is a practicing physician with Texas Oncology, P.A. ( Texas Oncology ), and has served as Texas Oncology s president and chairman of its board of directors since 2000. Dr. Paulson is a Diplomat of the American Board of Internal Medicine with a subspecialty certification in medical oncology.

Organization Position Status
Select Medical Corporation Chief Executive Officer Current
Select Medical Corporation President Current
Select Capital Ventures Co-Founder Current
Select Medical Corporation Executive Chairman Current
Oncology Inc Director Current
Odyssey Healthcare Inc. Board of Directors Current
US Oncology, Inc. Board of Directors Current
Select Medical Corporation Director Current
Centennial HealthCare Corporation Member Current
Concentra Managed Care, Inc. Member Current
Select Medical Corporation Chief Operating Officer Former
Select Capital Ventures Investment Committee Member Former
Concentra Managed Care, Inc. Board Member Former
Centennial HealthCare Corporation Board of Directors Former
Concentra Managed Care, Inc. Investor Former
US Oncology, Inc. Investor Former
Dickinson School of Law graduate Former
Gettysburg College Degree Former

David W. Cross invested in Odyssey HealthCare, Inc. in 1995 and has served as one of our directors since February 1996. Mr. Cross has served as Senior Vice President and Chief Development Officer for Select Medical Corporation, a leading operator of specialty hospitals and outpatient rehabilitation clinics in the United States, since January 1999. He was co-founder of Intensiva Healthcare Corporation, a provider of highly specialized, acute long-term care services, and served as its President and Chief Executive Officer from May 1994 until its merger with Select Medical Corporation in December 1998. Mr. Cross was founder, President and Chief Executive Officer and a director of Advanced Rehabilitation Resources, Inc., a provider of outsourcing and management of comprehensive medical rehabilitation, subacute and outpatient therapy programs and contract therapy services, serving in each of these capacities from 1990 to 1993. Mr. Cross is a member of the Acquisitions Committee, the Audit Committee, the Compliance Committee and the Nominating & Governance Committee of our Board of Directors. David L. Steffy invested in Odyssey HealthCare, Inc. in 1995 and has served as one of our directors since February 1996. He co-founded Intensiva Healthcare Corporation, a provider of highly specialized, acute long-term care services, and served as a director for Intensiva from May 1994 to December 1998. He co-founded Community Health Systems, Inc., a provider of general hospital healthcare services, in May 1985 and served as Vice Chairman until May 1996. Mr. Steffy currently serves on the board of trustees of the National Hospice Foundation. Mr. Steffy is a member of the Audit Committee and the Nominating & Governance Committee of our Board of Directors.

Organization Position Status
Select Medical Corporation Chief Development Officer Current
Select Medical Corporation Senior Vice President Current
Odyssey Healthcare Inc. Board of Directors Current
Select Medical Corporation Chief Executive Officer Former
Select Medical Corporation President Former
RehabCare Group, Inc. Senior Vice President, Business Development Former
Community Health Systems, Inc. Co-Founder Former

Organization Position Status
Select Medical Corporation Chief Information Officer Current
Select Medical Corporation Senior Vice President Former
Select Medical Corporation Leader, Information Services Former
Phico Insurance Company Inc. NA Former
Data Center Inc. Former

Martin F. Jackson has served as Senior Vice President and Chief Financial Officer since May 1999. Mr. Jackson previously served as a Managing Director of the Healthcare Investment Banking Group for CIBC Oppenheimer from January 1997 to May 1999. Prior to that time, he served as Senior Vice President, Health Care Finance with McDonald & Company Securities, Inc. from January 1994 to January 1997. Prior to 1994, Mr. Jackson held senior financial positions with Van Kampen Merritt, Touche Ross, Honeywell and L'Nard Associates.

Organization Position Status
U. S. Renal Care, Inc Senior Vice President and Chief Financial Officer Current
Select Medical Corporation Chief Financial Officer Current
Select Medical Corporation Executive Vice President Current
The Vista Schoola Board Member Current
U. S. Renal Care, Inc Board of Directors Current
McDonald & Company Securities, Inc. Senior Vice President of Health Care Finance Former
Health Care Finance Senior Vice President Former
CIBC Oppenheimer Managing Director Former
Touche Ross & Co. NA Former
Honeywell Corporation Former

Scott A. Romberger joined Select Medical as Vice President and Controller in February 1997 and became Chief Accounting Officer in December 2000. Prior to February 1997, he was Vice President and Controller of Continental Medical Systems, Inc. from January 1991 to January 1997. He also served as Acting Corporate Controller and Assistant Controller from June 1990 and December 1988, respectively. Mr. Romberger is a certified public accountant and was employed by a national accounting firm from April 1985 until December 1988.

Organization Position Status
Select Medical Corporation Chief Accounting Officer Current
Select Medical Corporation Vice President Former
Select Medical Corporation Controller Former

Organization Position Status
Select Medical Corporation Senior Vice President, Finance, Inpatient Current

Organization Position Status
Select Medical Corporation General Counsel, Senior Vice President & Secretary Current
Select Medical Corporation Secretary Current

Organization Position Status
Select Medical Corporation Senior Vice President, HR Current
Integrated Health Services, Inc. Senior Vice President, Human Resources Former
ARAMARK Corporation Former
American Hospital Supply Corporation Former

Organization Position Status
Select Medical Corporation Vice President, Compliance & Audit Services Current

Jack Egan has been on the U. S. Renal Care management team since 2000. Mr. Egan's credentials include serving in Tampa Florida as Select Medical Corporation's Sr. Vice President from 1997 to 2000. From 1991 to 1997, he was President/COO of RehabWorks, Inc., a subsidiary of Continental Medical Systems. Mr. Egan also served as CFO/EVP of RehabWorks in Clearwater Florida from 1987 until 1991.

Organization Position Status
U. S. Renal Care, Inc Senior Vice President Current
U. S. Renal Care, Inc Senior Manager Former
Rehabworks, LLC Coo Former
Rehabworks, LLC Executive Vice President Former

Organization Position Status
Select Medical Corporation Vice President, Mergers & Acq Current

Organization Position Status
Select Medical Corporation Vice President, Operations & Startup Current

Organization Position Status
Select Medical Corporation Vice President, Clinical Services Current

Organization Position Status
Select Medical Corporation Regional Vice President Current

Organization Position Status
Naiomt, Inc Clinical Fellowship Instructor Current
HealthSouth Corporation Current
Hsedu Current
Select Medical Corporation Current
University of Texas Southwestern Medical Center Former

Tim Heeke, P.T., M.O.M.T., received his bachelor's in physical therapy at Florida Agricultural and Mechanical (A&M) University. Eight years later, he completed his master's in orthopedic manual therapy at Ola Grimsby Institute and a two-year residency in manual therapy in the Orlando area. Heeke has more than 18 years of experience as a physical therapist and enjoys all aspects of sports medicine. For the past 14 years, he has worked in Southwest Orlando for Select Medical Corp. He has a personal approach, backed by clinical expertise, giving his patients the best possible outcomes.

Organization Position Status
Select Medical Corporation Current
Southwest Orlando Bulletin Current
Kearney Publishing Corporation Current

Organization Position Status
Enhanced Equity Fund Founder Current
Enhanced Equity Fund Managing General Partner Current
Cancer Research Institute Co-Chairman Current
Sopris Capital Chairman Current
Mts Health Partners Chairman Current
Bonita Bead Co-Chairman of the Board of Trustees Current
Correctional Healthcare Management, Inc. Board of Directors Current
Select Medical Corporation Advisory Board Member Current
Cornell University Board of Directors Current
iCrossing, Inc. Director Current
Select Capital Ventures Advisory Board Member Current
Regency Hospice Board of Directors Current
Sopris Capital Managing Member Current
Welsh Carson Anderson & Stowe Lead Healthcare Partner Former
Cornell University Vice Chairman Former
Harvard Business School M.B.A. Former
Harvard University Mba Former
Cornell University graduate Former

Organization Position Status
Oncure Technologies Corp President and Chief Executive Officer Current
Select Medical Corporation Director Current
Sunstone Cancer Support Centers Director Current
Oncure Technologies Corp Director Current
The Breakaway Group Board of Directors Current
JA Worldwide CEO Former
Oncology Inc President , Phsician Services Group Former
JA Worldwide President Former
Pepperdine University Jd Former
University of California, Los Angeles Undergraduate Degree Former

Organization Position Status
Select Medical Corporation Director Current
US Oncology, Inc. Board of Director Current
HCA Management Co Regional Vice President Former
HCA Inc. Division Vice President Former
HealthTrust, Inc. Regional Vice President Former
Universal Health Realty Income Trust Board of Directors Former

Organization Position Status
Harrisburg Endoscopy & Surgery Center, Inc. Co-Owner Current
Harrisburg Gastroenterology, Ltd. Current
Holy Spirit Hospital Board of Directors Current
Select Medical Corporation Board of Directors Current
Holy Spirit Hospital Staff Member Current
Select Medical Corporation Staff Member Current
HealthSouth Corporation Staff Member Current

Leo W. Swergold, Advisory Board Member. Mr. Swergold is the managing partner of Anvers Investors, a healthcare oriented hedge fund associated with ING Barings, a global financial services provider with approximately $300 billion under management. Previously. Mr. Swergold was the head of healthcare investment banking for the Furman Selz division of ING. Mr. Swergold is a graduate of Columbia University and has an MBA from Harvard University.

Organization Position Status
Select Medical Corporation Advisory Board Member Current
ING Barings Former
Harvard University Mba Former
Columbia University graduate Former

Leopold Swergold, 67, has served as a director of the Company since August 16, 2005. Mr. Swergold is the sole member of Anvers Management LLC, a general partner of two private equity funds. Mr. Swergold was a Managing Director at ING Groep N.V. from 1997 until he retired in December 2004. He was Head of Healthcare Investment Banking and a member of the Board of Directors of Furman Selz from 1989 until it was acquired by ING Groep N.V. in 1997. After working on Wall Street for twenty years, Mr. Swergold formed his own investing banking firm in 1983 that later merged into Furman Selz in 1989. Mr. Swergold served as a Governor and Chair of the Audit Committee of the National Association of Securities Dealers ("NASD") from 1989 to 1992. He is a member of the Board of Directors of Select Medical Corporation. Mr. Swergold is also a Trustee of the Freer and Sackler Galleries at the Smithsonian Institution in Washington, D.C.

Organization Position Status
Financial Federal Corporation Director of the Company Current
Select Medical Corporation Board of Directors Current
Financial Federal Corporation Board of Directors Current
Furman Selz Board of Directors Former

Organization Position Status
Select Medical Corporation Director Current
Select Medical Corporation President Former
Select Medical Corporation Chief Operating Officer Former
Select Medical Corporation Executive Vice President of Operations Former

Organization Position Status
Select Capital Ventures Co-founder Current
Select Capital Ventures Chairman, Investment Committee Current
Dauphin Capital Partners Advisory Board Member Current
Select Medical Corporation Board Member Current
Onward Healthcare Inc. Investor Current
Select Medical Corporation Chief Executive Officer Former
Select Medical Corporation Founder Former
Select Medical Corporation Executive Chairman Former
PNC Bank Board Member Former
West Chester University graduate Former

Russell W. Carson, Advisory Board Member. Mr. Carson is one of the nation's leading private equity investors. He is a founding partner of Welsh Carson Anderson & Stowe a leading healthcare and information technology firm with approximately $7 billion under management. He formerly was the president of Citicorp ventures. Mr. Carson is a graduate of Dartmouth University and has an MBA from Columbia University.

Organization Position Status
Select Medical Corporation Advisory Board Member Current
Columbia University Mba Former

Organization Position Status
Welsh Carson Anderson & Stowe General Partner Current
Universal American Financial Corp. Observer Current
Universal American Financial Corp. Board of Directors Current
Amcomp Incorporated Director Current
Ameripath Texas, Inc. Board of Directors Current
Select Medical Corporation Director Current
Amerisafe Inc. Director Current
BT Alex. Brown Incorporated Investment Banking Groups Former
Coopers & Lybrand, L.L.P. Team Member Former
Wcas Former
PricewaterhouseCoopers Former
AmeriPath, Inc. Board of Directors Former
Wharton School, University of Pennsylvania MBA Former
Villanova University B.S. Former
Select Medical Corporation member Former

Organization Position Status
Ardent Health Services, LLC Manager Current
Welsh Carson Anderson & Stowe Senior Advisor Current
Select Medical Corporation Director Current
Winston Fellowship Board of Directors Current
Welsh Inc. General Partner Former
Alston & Bird Senior Counsel Former
Wcas Senior Advisor Former
Patton Boggs Lawyer Former
The Catholic University of America JD Former
University of Virginia BA Former
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