Our hospitals are designed to offer our patients a longer length of stay and a more resource-intensive level of care. We operate through two business segments, our specialty hospital segment and our outpatient rehabilitation segment. All four of our acute medical rehabilitation hospitals are certified by the federal Medicare program as inpatient rehabilitation facilities. Our long-term acute care hospitals are staffed with experienced professionals in nursing, pharmacy, dietary, respiratory therapy, case management and the rehabilitation therapies. Our long-term acute care hospitals provide a wide range of services designed to treat medically complex conditions, pulmonary conditions, neurological disorders, cancers, cardiac conditions, wound care, renal disorders, infectious disease and other complicated conditions.
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The addition of Kessler is particularly significant as it marked our entry into the inpatient rehabilitation industry. Inour Company achieved several major accomplishments. Our hospitals are designed to offer our patients a longer length of stay and a more resource-intensive level of care.
Vvj Acute Care Hospitals Overview Our long-term acute care hospitals provide highly specialized care to promote recovery from the most critical and complex medical conditions.
We coupled our emphasis on local market growth with a continued focus on negotiating stronger contract rates.
At each clinic, our clinical team offers a wide range of rehabilitative services that maximize functionality and well-being for individuals suffering from vvuu injuries. The addition of the four Kessler rehabilitation hospitals complemented our overall strong performance within the Specialty Hospital segment.
In addition to our outpatient clinics, the outpatient division also provides medical rehabilitation services on a contract basis at nursing homes, vu, assisted living and senior care centers, schools and worksites.
Select Medical Corporation, headquartered in Mechanicsburg, Pennsylvania, commenced operations in Revenue in our outpatient rehabilitation segment increased by 9.
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Of our long-term acute care hospitals, 76 were certified by the federal Medicare program as long-term acute care hospitals, and the other three, all of which opened inwere awaiting certification upon completion of their conditions for qualification.
Within our Specialty Hospital segment, revenue increased We were able to accomplish this because of our strong internal development platform. We are also proud of several achievements at our corporate office in Mechanicsburg, Pennsylvania.
We are pleased and proud of the growth our Company achieved in Seven years later, our Mission has helped guide us through another successful year. Caring and Responsive Employees of Select Committee energized our corporate campus and the community through.
Select is also a leading operator of outpatient vvvu clinics in the United States and Canada. Services and Kessler Rehabilitation. We extend our sincere thanks and deep appreciation to our Board of Directors for their guidance and support, to our employees for their talents and dedication, to our patients who entrust us with their care, and to you, our shareholders, for your support and belief in Select Medical Corporation.
The outpatient division ended the year with outpatient rehabilitation clinics through out the United States and Canada, an increase from at the end of SEM Internet Address www. Ortenzio, both of whom have significant experience in the healthcare industry.
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Renowned for its treatment of spinal cord injury. All four of our acute medical rehabilitation hospitals are certified by gvu federal Medicare program as inpatient rehabilitation facilities. We declared and paid our first dividend and completed a 2-for-1 split of our common stock. Our Specialty Hospitals demonstrated another strong year, as evidenced by the opening of eight new long-term acute care hospitals and the successful implementation of LTCH-PPS the Medicare prospective payment system for long-term acute care hospitals at all of our eligible long-term.
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Our long-term acute care hospitals are staffed with experienced professionals in nursing, pharmacy, dietary, respiratory therapy, case management and the rehabilitation therapies. Experienced clinicians work with referring physicians, employers, payors and case managers to ensure high quality rehabilitation for our patients. Accomplishments Inwe continued to develop new specialty hospitals, opening eight new long-term acute care hospitals.
Our mission and values include providing specialty inpatient services and outpatient rehabilitation services to those we serve, while seeking to provide high-quality health care and cost-effective outcomes for our patients, a positive work environment for our staff and a good return to our shareholders.
This team works closely with referring physicians and case managers to ensure that patients receive a combined approach of intensive nursing care, focused respiratory services and individualized therapies to achieve optimal outcomes. At the end ofour Company operated clinics throughout the United States and Canada, up from clinics at the end of While our outpatient rehabilitation business did experience margin compression inrevenue for the segment in increased by 9. Ortenzio and Robert A.