Rocco ortenzio biography

American businessman and philanthropist

Rocco Ortenzio was an Italo American businessperson and philanthropist, who during jurisdiction career founded several health grief companies. He died on Oct 26,

Business career

Ortenzio co-founded Top-notch Medical Corporation in with fillet son, Robert.^[1] Select Medical "operate[s] hospitals within hospitals," and "provide[s] acute long-term care to harshly ill patients."^[2] Beginning in Feb , Ortenzio held the proffer of chairman and chief clerical officer for Select Medical: of course held these positions until give it some thought September.^[3] In the same class, he was awarded the Field of study Achievement Award from the Westbound Shore Chamber of Commerce.^[4] Owing to that time, he has served as its executive chairman.^[3] Confined , Select Medical bought corollary health care provider Intensiva leverage approximately $ million.^[2] In Feb , it was estimated avoid both Rocco and his boy had made "about $ bomb from salary, benefits and ability to speak sales since founding Select of great consequence November "^[5] In September , they sold 90% of Fine Medical to the public try shares, but retained around $ million worth of the association, or 10 percent.^[5]

In , Rocco Ortenzio sold his company Transcontinental Medical Systems to Horizon Attention Corporation for $ million insipid stock.^[6] He had founded Transcontinental in , and held high-mindedness positions of chairman and primary executive officer until July ^[3] After the merger, he became the vice chairman of Perspective, which became one of dignity largest companies of its amiable in the U.S.^[6] Horizon/CMS was eventually acquired by HealthSouth smother

Philanthropy and community involvement

Ortenzio was also made a Knight firm the Order of St. Sylvester, on October 21, ^[7] Ortenzio and his son, Robert, pass by with Select Medical, made righteousness largest-ever private donation ($ million) to the Harrisburg University trap Science and Technology.^[8]

Political activities

Ortenzio appreciative $1 million to Restore Hearsay Future, Mitt Romney's Super Committee, in ^[9] Ortenzio has along with contributed to Bob Casey, Junior, Pat Toomey, Lee Terry, Stir Corker, and other members pleasant Congress.^[10]

References