News | May 9, 2019

Select Medical And Alternate Solutions Health Network Enter Into A Joint Venture To Deliver Home Health And Hospice Care Across The U.S.

Mechanicsburg, PA and Kettering, OH /PRNewswire/ - Select Medical Corporation (NYSE: SEM) today announced a joint venture agreement with Alternate Solutions Health Network (ASHN) to bring home health and hospice services to its patients and families in select markets nationwide. Called Select At Home, the new collaboration will extend the recovery and care continuum post-discharge from Select Medical's specialty hospitals.

The joint venture brings together the largest provider of post-acute care and the preeminent provider of home care and hospice solutions in partnership with health systems to deliver world-class, compassionate care for patients recovering or facing life-limiting illness at home.

"ASHN's leadership and innovative model captured our attention, but what united us as partners was the depth of our mutually shared mission, vision and values," said Select Medical President and CEO David S. Chernow. "Our collective goal is to set the bar for exceptional, quality home care for the growing patient population that is in need of extended post-acute care services."

Select Medical treats more than 78,000 patients per day across its post-acute continuum of care. Select At Homemarks the company's nationwide entrance into the home health care and hospice market.

Chernow added, "Select At Home will allow us to address a significant need raised by our premier health care system joint venture partners across the U.S. who look to extend their unmatched hospital-based medical rehabilitation and critical illness recovery care into the home."

As a national leader in post-acute strategic partnerships, ASHN partners with health systems nationwide to integrate care and services in the comfort of the home to support the value based and population health initiatives of each health system. Based on a foundation of quality, compliance, and profitable growth, ASHN has been recognized with numerous National HomeCare Elite home care agency, Best Place to Work and Better Business Bureau Integrity Awards.

"We are excited to partner with such an esteemed post-acute provider in Select Medical to help better serve its national network of patients," said Alternate Solutions Health Network Co-CEO David Ganzsarto. "Our experience partnering with health systems, synergistic culture, and focus on quality, innovation and efficiency will offer Select Medical and its partners access to integrated home health and hospice capabilities through Select At Home."

About Alternate Solutions Health Network
Alternate Solutions Health Network is one of the largest post-acute solutions providers in the country. The organization exclusively focuses on joint venture partnerships with health systems nationally. Alternate Solutions Health Network's mission is to inspire hope and improve the quality of life for those entrusted to our care. Alternate Solutions Health Network believes in building partnerships and transforming care with a targeted focus on the patient's entire experience. Its primary offerings are home health, hospice and post-acute services delivered in the home. Information about Alternate Solutions Health Network is available at www.ashealthnet.com.

About Select Medical
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on the number of facilities. Our reportable segments include the critical illness recovery hospital segment, the rehabilitation hospital segment, the outpatient rehabilitation segment, and the Concentra segment. As of March 31, 2019, Select Medical operated 97 critical illness recovery hospitals in 28 states, 27 rehabilitation hospitals in 11 states, and 1,684 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical's joint venture subsidiary Concentra operated 525 occupational health centers in 41 states. Concentra also provides contract services at employer worksites and Department of Veterans Affairs community-based outpatient clinics. At March 31, 2019, Select Medical had operations in 47 states and the District of Columbia. Information about Select Medical is available at www.selectmedical.com.

SOURCE: Select Medical Corporation

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