Encompass Health announces plans to build a 60-bed inpatient rehabilitation hospital in Houston, Texas

Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) has announced the construction of a new 60-bed inpatient rehabilitation hospital in Houston, Texas. Located at 3000 Yellowstone Boulevard, this facility will support patients recovering from severe illnesses and injuries with 24-hour nursing care and specialized therapies, including physical and occupational therapy. The hospital is set to enhance Encompass Health's existing network of rehabilitation services in Texas and will feature modern amenities like private patient rooms and advanced rehabilitation technologies.

Positive

• Expansion of healthcare services with a new 60-bed rehabilitation hospital in Houston.
• Enhanced patient care through 24-hour nursing and specialized therapy services.
• Strengthening of existing network with additional facility in Texas.

Negative

• None.

BIRMINGHAM, Ala., May 13, 2022 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it plans to build a freestanding, 60-bed inpatient rehabilitation hospital in Houston, Texas. The hospital will be located at 3000 Yellowstone Boulevard.

Complementing local acute care services, the future hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24–hour nursing care, this hospital will offer physical, occupational and speech therapies to restore functional ability and quality of life. Care will be provided by highly specialized nurses, therapists and physicians.

The hospital will feature all private patient rooms, a spacious therapy gym with advanced rehabilitation technologies and an activities of daily living suite, cafeteria, dining room, pharmacy and therapy courtyard. 

"We are excited to expand and grow our rehabilitation services in Houston, Texas," said Frank Brown, president of Encompass Health's Southwest region. "Through the new inpatient rehabilitation hospital, we will provide our patients with coordinated and connected care that meets them where they are in their healthcare journeys and makes a positive difference in their lives."

The planned hospital, once opened, will become part of Encompass Health's national network of inpatient rehabilitation hospitals and home health and hospice agencies. The Company's Texas footprint includes 26 inpatient rehabilitation hospitals; a future hospital in Amarillo, Texas; one hospital under construction in Prosper, Texas; 51 home health locations; and 15 hospice locations.

About Encompass Health
As a national leader in integrated healthcare services, Encompass Health (NYSE: EHC) offers both facility–based and home–based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. With a national footprint that includes 148 hospitals, 252 home health locations, and 99 hospice locations in 42 states and Puerto Rico, the Company provides high–quality, cost-effective integrated healthcare. Encompass Health is ranked as one of Fortune's 100 Best Companies to Work For. For more information, visit encompasshealth.com, or follow us on our newsroom, Twitter, Instagram and Facebook.

Forward-Looking Statements
Statements contained in this press release which are not historical facts, such as those relating to the likelihood, timing and effects of the completion of this hospital project, are forward-looking statements. In addition, Encompass Health may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Encompass Health's actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, the regulatory review and approval process, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against the Company; the possibility this project will experience unexpected delays; the ability to successfully complete this project consistent with Encompass Health's growth strategy, including realization of anticipated revenues and avoidance of unforeseen exposure to liabilities; the continued spread of COVID-19, including the speed, depth, geographic reach and duration of the spread; the actions to be taken by Encompass Health in response to the COVID-19 pandemic; changes in the regulation of the healthcare industry at either or both of the federal and state levels; competitive pressures in the healthcare industry and Encompass Health's response thereto; the hospital's ability to maintain proper local, state and federal licensing; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of Encompass Health's information systems; Encompass Health's ability to attract and retain nurses, therapists, and other healthcare professionals in a highly competitive environment with often severe staffing shortages and the impact on Encompass Health's labor expenses from potential union activity and staffing shortages; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for Encompass Health's services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in Encompass Health's SEC filings and other public announcements, including Encompass Health's Form 10-K for the year ended Dec. 31, 2021 and Form 10-Q for the quarter ended March 31, 2022.

Media contact:
Erin Wendel-Ritter | 205-970-5912
erin.wendel-ritter@encompasshealth.com

Investor Relations contact:
Mark Miller | 205-970-5860
mark.miller@encompasshealth.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/encompass-health-announces-plans-to-build-a-60-bed-inpatient-rehabilitation-hospital-in-houston-texas-301546966.html

SOURCE Encompass Health Corp.

FAQ

What is the purpose of the new hospital announced by Encompass Health?

The new hospital will provide rehabilitation services for patients recovering from debilitating illnesses and injuries.

When was the announcement made regarding the Houston rehabilitation hospital?

The announcement was made on May 13, 2022.

Where will the new Encompass Health hospital be located?

The hospital will be located at 3000 Yellowstone Boulevard, Houston, Texas.

How many inpatient rehabilitation hospitals does Encompass Health have?

Encompass Health has a national network that includes 148 inpatient rehabilitation hospitals.

What services will the new Houston hospital provide?

The hospital will offer nursing care, physical, occupational, and speech therapies.