Salem Regional Medical Center

What Salem Regional Medical Center does

Salem Regional Medical Center (SRMC) is an independent, not-for-profit community hospital headquartered in Salem, Ohio, founded in 1913 and serving Columbiana County and the broader northeastern Ohio / Mahoning Valley region. Its core delivery platform consists of an 87-bed private-room inpatient tower (opened 2014) and a 24/7 emergency department, supported by more than 10 satellite facilities including primary care offices, urgent care centers, advanced imaging sites, and the 2024-opened SRMC Surgery & Outpatient Pavilion at Firestone Farms TownCenter in Columbiana. SRMC is governed by an independent board, has no parent company or private equity owner, and reinvests all earnings into facilities, technology, and patient programs.

SRMC's service portfolio spans the full continuum of community hospital care: emergency and inpatient medicine, outpatient surgery, medical imaging (3D PET/CT designated as a Siemens National Showcase Site, 3T Open MRI, 128-slice CT, 3D mammography, ACR-accredited across seven modalities), cancer care delivered through a strategic 2017 partnership with University Hospitals Seidman Cancer Center (medical oncology, hematology, and radiation oncology via a Varian VitalBeam linear accelerator), orthopaedics including anterior-approach hip replacement, an advanced wound healing center offering hyperbaric oxygen and the Reapplix 3C Patch, primary care, behavioral health, sleep medicine, and telehealth/virtual visits through the FollowMyHealth portal. The technology stack is built on third-party platforms (Meditech EHR, FollowMyHealth, PatientSimple billing, Change Healthcare Stratus imaging exchange) and capital-intensive diagnostic hardware rather than proprietary software assets.

Revenue is generated primarily from fee-for-service patient care billed to Medicare, Medicaid, commercial payers, and self-pay patients, supplemented by physician services through the SRMC Medical Group, retail revenue from Salem Home Medical equipment, and charitable contributions channeled through the SRMC Foundation. Go-to-market is direct-to-consumer via walk-ins, scheduled appointments, the appointment desk, the 24/7 emergency department, and an expanding telehealth channel. The organization also serves a smaller occupational health segment targeting local employers for screenings, drug testing, and workers' compensation services.

Name

Salem Regional Medical Center

Legal name

Salem Regional Medical Center

Website

https://salemregional.com

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Salem Regional Medical Center is an independent, not-for-profit community hospital in Salem, Ohio, founded in 1913. It operates an 87-bed hospital and 10+ satellite facilities providing inpatient care, advanced imaging, cancer care, orthopaedics, wound healing, and primary care to Columbiana County and northeastern Ohio residents.

Ownership category

akta.pro rank

Product category

Community Hospital / Acute and Specialty Healthcare Services

NAICS

Specialty (except Psychiatric and Substance Abuse) Hospitals (6223), Diagnostic Imaging Centers (621512), Ambulatory Health Care Services (621)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB)

akta.pro secondary industries

Hospital-Integrated Cancer Centers (Acute Oncology Programs) (HLAFAAAM), Ambulatory Oncology Centers (Outpatient Chemo/Radiation) (HLAFABAI), Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP) (HLADAJAG)

Keywords

• Hospital healthcare services
• Cancer care oncology
• Medical imaging diagnostics
• Orthopaedic joint replacement
• Wound healing hyperbaric

Headquarters

HQ city

Salem

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Patient Services Revenue: Hospital generates revenue through inpatient and outpatient medical services including emergency care, surgeries, diagnostic imaging, cancer treatment, laboratory services, and rehabilitation. Bills insurance providers, Medicare/Medicaid, and accepts self-pay patients.
2. Professional Services: Revenue from physician services provided through the SRMC Medical Group and SCH Professional Corporation, including primary care and specialty services.
3. Donations and Foundation Support: SRMC Foundation accepts charitable donations to support facilities, technology, and programs. 100% of donated proceeds are used locally for patient care.
4. Salem Home Medical Equipment: Revenue from home medical equipment and supplies, as well as home respiratory services.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Salem Regional Medical Center is an independent, not-for-profit community hospital providing acute, outpatient, and primary/specialty healthcare services across northeastern Ohio. Its core services include 24/7 emergency care, an 87-bed inpatient tower, comprehensive medical imaging (3D PET/CT, 3T Open MRI, 3D mammography), cancer care through the UH Seidman Cancer Center partnership (medical oncology, hematology, radiation therapy), wound healing, orthopaedic joint replacement, primary care, telehealth, and home medical equipment.

Product overview

Salem Regional Medical Center (SRMC) is an independent, not-for-profit regional medical center offering a comprehensive portfolio of healthcare services through multiple facilities and outreach locations. The core service delivery includes inpatient care (87-bed private room tower with ICU, cardiac, medical-surgical, and skilled nursing), a 24/7 Emergency Department, and extensive outpatient services. Key specialized service lines include: Cancer Care (via UH Seidman Cancer Center partnership featuring medical oncology, radiation therapy with Varian VitalBeam, and breast cancer program), Medical Imaging (3D PET/CT designated as Siemens National Showcase Site, 3T Open MRI, 128-slice CT, 3D mammography, and ACR-accredited modalities), Wound Healing (hyperbaric therapy and 3C Patch), and Orthopaedics (joint replacement with disease-specific certification). Digital patient engagement is delivered through the Meditech/FollowMyHealth Patient Portal enabling 24/7 access to records, appointments, and telehealth. The 2024-opened SRMC Surgery & Outpatient Pavilion at Firestone Farms extends surgical, imaging, and specialty services into the community. The organization maintains SRMC Giving (foundation/volunteer) and SRMC Medical Group physician practices as integral parts of the care delivery ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• SRMC Medical Group: Network of primary and specialty care physician practices affiliated with Salem Regional Medical Center
• SRMC Patient Portal
• FollowMyHealth Patient Portal
• University Hospitals Seidman Cancer Center at SRMC
• SRMC Foundation
• ARC Medical Imaging (Advanced Radiology Center)

Products and services

• SRMC Patient Portal Digital patient portal providing 24/7 online access to medical records, appointment scheduling, bill payment, and telehealth/virtual visit capabilities, powered by Meditech and FollowMyHealth platforms. For SRMC patients and the regional community.
• Online Bill Pay Online bill payment service powered by PatientSimple that allows patients to pay hospital bills, view payment history, enroll in payment plans, and save payment information. For SRMC patients.
• SRMC Surgery & Outpatient Pavilion State-of-the-art outpatient surgical and procedural facility at Firestone Farms TownCenter in Columbiana offering advanced radiology, laboratory, infusion, and multiple specialty services. For regional community patients.
• Cancer Care / UH Seidman Cancer Center at SRMC Comprehensive cancer care program in partnership with University Hospitals Seidman Cancer Center, offering medical oncology, hematology, radiation oncology, clinical trials, nurse navigation, and breast cancer surgery services. Commission on Cancer accredited. For regional cancer patients.
• Radiation Therapy (Varian VitalBeam) Advanced radiation oncology services using Varian VitalBeam linear accelerator for precise, tumor-targeting treatment of various cancer types with faster treatment times and lower side effects. For cancer patients in the SRMC service region.
• Wound Healing Center Advanced wound care services including hyperbaric oxygen therapy and Reapplix 3C Patch treatment for diabetic foot ulcers. Provides treatment for hard-to-heal wounds and ostomy care. For patients with chronic wounds, including diabetic foot ulcers.
• Medical Imaging Services Comprehensive medical imaging including 3D PET/CT (Siemens National Showcase Site), 3T Open MRI, 128-Slice CT, 2D/3D Digital Mammography, Nuclear Medicine, DEXA Bone Density, Ultrasound, Digital X-Ray, Virtual CT Colonoscopy, and Low-Dose CT Lung Cancer Screening. ACR accredited. For patients needing diagnostic imaging across the SRMC service area.
• Orthopaedics and Joint Replacement Orthopaedic surgical services including total hip replacement (including anterior approach), knee replacement, shoulder replacement, fracture care, and osteoporosis treatment. Disease-Specific Certification for Hip & Knee Replacements. For patients needing joint replacement or fracture care.
• Emergency Department 24-hour emergency medical services with a 10,000 square-foot expanded Emergency Department providing emergency care for critical and urgent conditions. For the general community in the SRMC service area.
• Inpatient Care (Patient Private Room Tower) 87-bed private room tower (opened 2014) providing intensive care, step-down cardiac care, medical-surgical care, and skilled nursing services. For admitted patients requiring acute inpatient care.
• Telehealth / Virtual Visits Virtual visit capabilities with SRMC Primary Care providers and ON DEMAND Immediate Care virtual visits for patients age 5 and older, accessible through the FollowMyHealth Patient Portal. For SRMC primary care patients and community members seeking remote care.
• Primary and Specialty Care Physician Services (SRMC Medical Group) Network of primary care practices (Salem, Canfield, Columbiana, Damascus, Lisbon, Calcutta, Kensington) and specialty care in gastroenterology, neurology, pain management, general surgery, orthopaedics, ENT, occupational health, plastic surgery, psychiatry, and vascular surgery. For community members needing outpatient physician services.
• Salem Home Medical Equipment Home medical equipment and supplies plus home respiratory services for patients in the SRMC service area who need medical equipment at home.

Quantifiable outcome

• Average Wound Healing Success Rate Over 94%
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

One partnership is on record.

• University Hospitals Seidman Cancer CentercoreStrategic or Co-development Partner · 1 January 2017Strategic partnership to offer world-class cancer care locally. UH Seidman Cancer Center at SRMC provides medical oncology services in the hospital's Cancer & Infusion Center, with radiation therapy added in 2018. The partnership offers patients renewed hope in the fight against cancer with access to UH's main campus experts, multidisciplinary teams, and nationally-recognized treatment guidelines. SRMC was recognized in U.S. News & World Report 2024-2025 as one of the nation's best for cancer care.

Scale indicators8 records

Recent moves15 records

Expansion highlights6 records

Broad incumbents

• Summa Health: Large northeastern Ohio integrated delivery network headquartered in Akron, with a full-service hospital, employed medical group, and broad ambulatory footprint. Competes with SRMC for tertiary referrals from outlying counties and is a relevant comparison for community-hospital integration strategies.
• Cleveland Clinic: Dominant regional tertiary system within a 60-mile catchment of SRMC, operating across the same specialty service lines (cardiac, oncology, orthopaedics, imaging). Acts as the primary upper-bound alternative for complex referrals and is the principal competitive threat to SRMC's specialty economics.
• University Hospitals Cleveland Medical Center: Flagship academic medical center of University Hospitals and SRMC's strategic partner through UH Seidman Cancer Center. Operates the same oncology service line that drives SRMC's cancer volumes and serves as the natural referral destination for high-acuity cases that exceed SRMC's capability.

Regional players

• Fisher-Titus Medical Center: Independent community health system in Norwalk, Ohio, with a comparable hospital-plus-medical-group footprint and similar outpatient expansion strategy. Operates a slightly different geography but follows the same small-city independent-hospital model.

Direct peers

• UH Portage Medical Center: University Hospitals-affiliated community hospital in Ravenna, Ohio, similar in size and service mix to SRMC and serving an adjacent northeastern Ohio catchment. Illustrates the kind of UH-affiliated community-hospital model that SRMC's cancer partnership foreshadows.
• Aultman Hospital: Independent, community-based non-profit health system headquartered in Canton, Ohio, with a comparable bed count, employed medical group model, and broad regional service area. Like SRMC, Aultman combines an acute inpatient hospital with multi-specialty outpatient centers in northeastern Ohio.
• Wooster Community Hospital: Independent, non-profit community hospital in Wooster, Ohio, with a comparable bed range, employed primary-care network, and outpatient pavilion strategy. Operates under the same community-hospital economic model and competes for analogous rural/small-city inpatient and ambulatory volumes.
• East Liverpool City Hospital: Small community hospital serving the Ohio-Pennsylvania border region near Salem. Closely comparable in scale, acuity, and service-line mix, and is one of the most direct substitutes for SRMC for residents in southern Columbiana County.
• Genesis Hospital: Independent community hospital in Zanesville, Ohio, with a comparable bed range, multi-specialty medical group, and similar quality-accreditation stack. Lends a useful benchmark for SRMC's value-based care and outpatient-pavilion economics outside the immediate market.
• Trumbull Regional Medical Center: Community acute-care hospital in Warren, Ohio, serving the same northeastern Ohio corridor as SRMC. Similar in scale, scope of services, and patient mix, and competes directly with SRMC for inpatient, outpatient, and physician-alignment volumes in adjacent counties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Salem-Regional-Medical-Center-126297904076873

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Salem Regional Medical Center