Select Medical Holdings (SEM) Tops Q4 EPS by 26c, Revenues Beat

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Go back to Select Medical Holdings (SEM) Tops Q4 EPS by 26c, Revenues Beat

Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2020

February 25, 2021 4:30 PM EST

MECHANICSBURG, Pa., Feb. 25, 2021 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its fourth quarter and year ended December 31, 2020.

For the fourth quarter ended December 31, 2020, revenue increased 6.2% to $1,460.5 million, compared to $1,374.6 million for the same quarter, prior year. Income from operations increased 45.4% to $163.3 million for the fourth quarter ended December 31, 2020, compared to $112.4 million for the same quarter, prior year. Income from operations included other operating income of $36.2 million related to the recognition of payments received under the Provider Relief Fund. Net income increased... More