Select Medical Expands its Reach with Acquisition of Baptist Memorial Restorative Care Hospital
Select Medical Expands its Reach with Acquisition of Baptist Memorial Restorative Care Hospital
In a significant move within the healthcare sector, Select Medical Corporation has announced an agreement to acquire almost all assets of Baptist Memorial Restorative Care Hospital. This critical step towards expanding their operations aims to enhance healthcare quality in Memphis, Tennessee. The announcement marks a strategic decision to bring advanced recovery solutions closer to a growing patient demographic requiring specialized healthcare services.
Overview of the Acquisition
The hospital in question, which focuses on long-term acute care, is licensed as a 30-bed critical illness recovery facility situated on the fourth floor of Baptist Memorial Hospital-Memphis. The financial specifics of this acquisition have not been publicly disclosed, but the deal signifies a commitment to improving healthcare access in the region. Tom Mullin, President of Select Medical, expressed enthusiasm over this acquisition, emphasizing their goal to meet the increasing demand for healing and recovery services following severe illnesses or injuries.
Strengthening Local Healthcare
Select Medical has a notable reputation for effectively managing healthcare facilities, with a proven history of delivering top-notch care. Chris Anderson, the Executive Vice President and COO of Baptist Memorial Health Care, commended Select Medical’s capabilities, believing the new ownership will further enhance the hospital's legacy of providing exemplary care.
The acquisition is projected for completion in the latter half of the year 2025. Once the transaction is finalized, the hospital will be rebranded to Select Specialty Hospital – Memphis East. Following this development, Select Medical will operate two critical illness recovery hospitals in Memphis, thereby reinforcing its mission to offer comprehensive healthcare services in the area. Additionally, they manage six outpatient rehabilitation centers within the greater Memphis region under the Select Physical Therapy brand.
Baptist Memorial Health Care: A Community Pillar
Baptist Memorial Health Care stands out as a prominent nonprofit healthcare system in the United States, being one of the largest in the region. With 24 affiliated hospitals sprawled across West Tennessee, North and Central Mississippi, and East Arkansas, the organization plays a crucial role in community health. In fiscal year 2023 alone, it provided over $465 million in community benefits and uncompensated care, reflecting their dedication to serving diverse community needs.
The system encompasses a wide array of healthcare services, including a freestanding emergency department, various outpatient centers, and a comprehensive education system featuring a university and a college of osteopathic medicine. Their substantial workforce comprises over 22,000 employees and includes more than 6,000 affiliated physicians.
About Select Medical
Select Medical is among the leading operators of critical illness recovery hospitals and rehabilitation facilities across the United States. As of March 2025, the company managed 104 critical illness recovery hospitals, 35 rehabilitation hospitals, and 1,911 outpatient rehabilitation clinics through the country, making a significant impact on the healthcare landscape. The successful operation across 41 states showcases their reach and commitment to high-quality patient rehabilitation.
For more details about Select Medical, interested parties can visit their website at www.selectmedical.com.
Conclusion
The acquisition of Baptist Memorial Restorative Care Hospital by Select Medical marks a transformative step towards addressing patient needs in the Memphis area. With a shared vision of delivering extensive and compassionate care, both organizations look forward to elevating healthcare excellence in the community, ensuring quality recovery options are readily available for all patients seeking recuperation from critical illnesses.
Topics Health）
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