Select Medical Holdings Corporation (NYSE:SEM) Q1 2025 Earnings Conference Call May 2, 2025 9:00 AM ET
Company Participants
Robert Ortenzio – Executive Chairman and Co-Founder
Martin Jackson – Senior Executive Vice President of Strategic Finance and Operations
Conference Call Participants
Justin Bowers – Deutsche Bank
Ben Hendrix – RBC Capital Markets
William Sutherland – The Benchmark Company
Ann Hynes – Mizuho
Operator
Good morning, and thank you for joining us today for Select Medical Holdings Corporation’s Earnings Conference Call to discuss the first quarter 2025 results at the company’s — and the company’s business outlook.
Presenting today are the company’s Executive Chairman and Co-Founder, Robert Ortenzio; and the company’s Senior Executive Vice President of Strategic Finance and Operations, Martin Jackson. Also on the conference line are the company’s Executive Vice President and Chief Financial Officer, Michael Malatesta; and the company’s Senior Vice President, Controller and Chief Accounting Officer, Christopher Weigl. And management will give you an overview of the quarter and open the call for questions.
Before we get started, we would like to remind you that this conference call may contain forward-looking statements regarding future events or the future financial performance of the company, including without limitation, statements regarding operating results, growth opportunities and other statements that refer to Select Medical plans, expectations, strategies, intentions and beliefs. These forward-looking statements are based on information available to management of Select Medical today; and the company assumes no obligation to update these statements as circumstances change.
At this time, I will now turn the call over to Mr. Robert Ortenzio.
Robert Ortenzio
Thank you, operator. Good morning, everyone. Welcome to Select Medical’s earnings call for the first quarter of 2025.
This was our first full quarter since our spin of Concentra this past November. As most of you know, we now have three
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