Select Medical Expands Reach with Acquisition of Vibra Hospital of Richmond
April 7, 2023
Trending News ☀️
Select Medical ($NYSE:SEM) Corporation, a leading operator of specialty hospitals, outpatient rehabilitation clinics and occupational health centers, has just announced their acquisition of Vibra Hospital of Richmond. This purchase follows the increasing trend of Select Medical expanding their reach across the United States, with Vibra Hospital of Richmond being their most recent addition. The company has seen impressive growth over the past few years and its stock has performed very well. In addition to its specialty medical centers, Select Medical also offers rehabilitation services and occupational health programs.
This new acquisition will give Select Medical access to a larger patient base in the Richmond area. It will also allow them to provide services to patients who would normally not be able to access them due to financial or geographical limitations. With this new purchase, Select Medical is making sure that it can continue to provide exceptional services to its patients.
Stock Price
This acquisition was met with positive feedback from the industry, showing in the stock market as SELECT MEDICAL stock opened at $26.0 and closed at $27.0, up by 3.4% from prior closing price of 26.1. This acquisition signals an expansion to SELECT MEDICAL’s current services and it is certain that this move will benefit the company for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Select Medical. More…
| Total Revenues | Net Income | Net Margin |
| 6.33k | 153.38 | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Select Medical. More…
| Operations | Investing | Financing |
| 284.82 | -226.34 | -34.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Select Medical. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.67k | 6.27k | 8.82 |
Key Ratios Snapshot
Some of the financial key ratios for Select Medical are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | -5.1% | 6.8% |
| FCF Margin | ROE | ROA |
| 1.5% | 24.1% | 3.5% |
Analysis
At GoodWhale, we have conducted a thorough analysis of SELECT MEDICAL‘s wellbeing. We have concluded that SELECT MEDICAL is a low risk investment in terms of its financial and business aspects. Our Risk Rating for SELECT MEDICAL is rated as low risk. However, further investigation of SELECT MEDICAL’s balance sheet has alerted us to 1 risk warning. For more detailed information regarding this, it is recommended that you register on goodwhale.com. There, you can access the full report containing all of our findings. More…
Peers
The company’s competitors include Eukedos SpA, Med Life SA, Athens Medical Centre SA, and other similar companies.
– Eukedos SpA ($LTS:0Q8E)
Eukedos SpA is a pharmaceutical company that focuses on the development and commercialization of drugs for the treatment of rare diseases. The company has a market cap of 28.09M as of 2022 and a Return on Equity of 10.29%. Eukedos SpA is headquartered in Milan, Italy.
– Med Life SA ($LTS:0RO5)
MedLife SA is a publicly traded company with a market capitalization of 2B as of 2022. The company’s return on equity is 22.48%. MedLife SA is a leading provider of medical and healthcare services in South America. The company offers a full range of services including primary care, hospital care, specialty care, and behavioral health services. MedLife SA also has a strong presence in the insurance and managed care markets.
– Athens Medical Centre SA ($LTS:0ONM)
Athens Medical Centre SA is a medical company that operates in Greece. The company has a market cap of 117.53M as of 2022 and a return on equity of 18.02%. The company provides medical services and products to patients in Greece. Athens Medical Centre SA operates in the following segments: Medical Services, Medical Products, and Other. The Medical Services segment provides medical services to patients in Greece. The Medical Products segment provides medical products to patients in Greece. The Other segment includes activities such as real estate and investments.
Summary
Select Medical is a medical services provider that has recently acquired Vibra Hospital of Richmond. This acquisition has had a positive effect on its stock price, indicating that investors were pleased with the deal. Analysts suggest that the acquisition could add significant value to the company’s bottom line.
Additionally, Select Medical is expected to benefit from increased market share, cost savings, and improved operational efficiency. The company also stands to benefit from better access to skilled labor, as well as higher reimbursement rates due to the acquisition. All in all, Select Medical’s acquisition of Vibra Hospital of Richmond is expected to be highly beneficial for the company and a positive move for investors.
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