Encompass Health Corporation - EHC STOCK NEWS

Encompass Health (NYSE: EHC) and Baptist Health have received a certificate of need to construct a 40-bed inpatient rehabilitation hospital in Louisville, Kentucky. This joint venture is set to begin operations in Q4 2023, replacing an existing 29-bed unit. The new facility will enhance rehabilitation service access in a region with growing demand, serving patients recovering from conditions such as strokes and spinal cord injuries. The collaboration aims to provide specialized care, improving functional abilities and quality of life for patients.

Encompass Health (NYSE: EHC) will participate in the Credit Suisse 30th Annual Virtual Healthcare Conference on November 8, 2021. Mark Tarr, President and CEO, is scheduled to present at 12:10 p.m. ET. Investors and interested parties can access the live webcast at investor.encompasshealth.com. Encompass Health is a leader in integrated healthcare services, operating 144 inpatient rehabilitation hospitals, 249 home health locations, and 95 hospice locations across the U.S. and Puerto Rico.

Encompass Health Corp. (NYSE: EHC) will report its third-quarter results for the period ending September 30, 2021, following market close on October 27, 2021. An investor conference call is scheduled for October 28, 2021, at 10 a.m. ET, where the company's results will be discussed. Interested parties can access the call via phone or through a live webcast available on the company's investor website.

Encompass Health is recognized as a leader in integrated healthcare services, operating 144 hospitals and extensive home health and hospice networks across the U.S. and Puerto Rico.

Encompass Health Corporation (NYSE: EHC) announced the appointment of Christopher R. Reidy to its board of directors, effective October 1, 2021. This move expands the board to 15 members, enhancing its succession planning efforts. Reidy brings extensive healthcare and financial experience, currently serving as CFO of Becton, Dickinson and Company. Encompass Health aims to leverage Reidy’s skills as it continues to provide integrated healthcare services across its extensive network of facilities.

Encompass Health (NYSE: EHC) has officially opened the Encompass Health Rehabilitation Hospital of Pensacola in Florida as its 144th hospital nationwide. The facility, featuring 40 private rooms, advanced rehabilitation technology, and multiple therapy options, aims to aid patients recovering from serious illnesses and injuries like strokes and spinal cord injuries. Encompass Health emphasizes quality care with 24-hour nursing and specialized therapies to enhance patients' recovery and quality of life.

Encompass Health (NYSE: EHC) has appointed Mark Miller as the new senior vice president of investor relations and strategic planning, effective September 7, 2021. Miller brings 20 years of healthcare investment experience, previously serving as vice president at Maximus. His role will focus on guiding investor relations and strategic initiatives for the company. Miller takes over from Crissy Carlisle, who now leads the CFO role for Encompass Health's home health and hospice division. With 143 hospitals and a strong national presence, Encompass remains a leader in integrated healthcare.

Encompass Health (NYSE: EHC) has opened two new rehabilitation hospitals in Shreveport, Louisiana, and Greenville, South Carolina, enhancing its network to 143 facilities nationwide. Each hospital offers 40 private patient rooms, advanced rehabilitation technologies, and specialized therapies for patients recovering from serious illnesses and injuries. CEO Mark Tarr expressed excitement about providing higher-level rehabilitative care to these communities, aiming to restore patients' functionality and independence.

Encompass Health (NYSE: EHC) has opened the Encompass Health Rehabilitation Hospital of Waco, a 40-bed facility in Robinson, Texas. This new hospital features all private patient rooms, advanced rehabilitation technologies, and comprehensive services for patients recovering from serious conditions like strokes and spinal cord injuries. This marks the company's 141st inpatient rehabilitation hospital and 26th in Texas, reaffirming its commitment to improving access to quality rehabilitation care.

Encompass Health Corporation (NYSE: EHC) reported strong Q2 2021 results, with net operating revenues rising 19.9% to $1,287.7 million compared to Q2 2020. Income from continuing operations per diluted share surged by 232.4% to $1.13, driven by revenue growth across both inpatient rehabilitation and home health segments. Adjusted EBITDA increased 71.9% to $278.9 million. The company raised its full-year guidance, projecting revenues between $5,100 and $5,250 million and adjusted earnings per share from continuing operations between $4.32 and $4.47. Strategic alternatives for the home health business are still under review.