Operator
Good morning, and thank you for joining us today for Select Medical Holdings Corporation s earnings conference call to discuss the fourth-quarter and full-year 2020 results and the company s business outlook. Speaking today are the company s executive chairman and co-founder, Robert Ortenzio; and the company s executive vice president and chief financial officer, Martin Jackson. Management will give you an overview of the quarter and then open the call for your questions. Before we get started, we would like to remind you that this conference call may contain forward-looking statements regarding future events or 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.
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Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2020
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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 134.1% to $102.2 million for the fourth quarter ended December 31, 2020, compared to $43.7 million for the same q
Select Medical Holdings Corporation to Announce Fourth Quarter and Full Year 2020 Results on Thursday, February 25
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MECHANICSBURG, Pa., Jan. 21, 2021 /PRNewswire/ Select Medical Holdings Corporation ( Select Medical ) (NYSE: SEM) will release the financial results for its fourth quarter and full year ended December 31, 2020 on Thursday, February 25, 2021 after the market closes.
Select Medical will host a conference call regarding its fourth quarter and full year results, as well as the impact of the COVID-19 pandemic on each of its reporting segments, on Friday, February 26, 2021, at 9:00am ET. The domestic dial in number for the call is 1-866-440-2669. The international dial in number is 1-409-220-9844. The conference ID for the call is 4288605. The conference call will be webcast simultaneously and can be accessed at Select Medical Holdings Corporation s website www.selectmedicalholdings.com.
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