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Select Medical Being Acquired By Ortenzio, Jackson, And WCAS Consortium For $3.9 Billion

Pulse 2.0 · 2026-07-02

Select Medical, a major operator of rehabilitation hospitals and outpatient therapy clinics, is set to be taken private in a $3.9 billion acquisition by a consortium that includes the Ortenzio family, Robert Jackson, and Welsh, Carson, Anderson & Stowe (WCAS). The deal represents a significant ownership change for one of the largest providers of post-acute and physical rehabilitation services in the United States. The transaction could have notable implications for how Select Medical's extensive network of rehabilitation facilities is managed and funded going forward.

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