Select Medical Corporation today announced the signing of a definitive agreement to purchase Valir Rehabilitation Hospital, a 50-bed inpatient rehabilitation facility in Oklahoma City, from Valir Health. Financial terms of the deal were not disclosed.
“We are excited to bring best-in-class inpatient rehabilitative care to meet the demands of the growing Oklahoma City population,” said Tom Mullin, president of Select Medical. “We are already well-established in the market for post-ICU and outpatient care and are pleased that we can now offer patients our full continuum of care throughout their healing and recovery journey.”
Select Medical also owns and operates Select Specialty Hospital – Oklahoma City, a critical illness recovery hospital, in the market as well as 29 Select Physical Therapy outpatient centers throughout the state, including two in Oklahoma City.
“Select Medical’s commitment to excellence in rehabilitation services aligns with the values that have been the cornerstone of Valir’s success,” said Valir Health Chairman of the Board Jon Jiles. “We believe that this transition will enhance the care and resources available to our patients. We look forward to working closely with Select Medical to ensure a seamless transition building on the legacy of exceptional care at Valir Rehabilitation Hospital.”
