STOCK TITAN

Encompass Health Corporation - EHC STOCK NEWS

Welcome to our dedicated page for Encompass Health Corporation news (Ticker: EHC), a resource for investors and traders seeking the latest updates and insights on Encompass Health Corporation stock.

Encompass Health Corporation (NYSE: EHC) is a leading provider of post-acute healthcare services in the United States. Specializing in inpatient rehabilitation, the company operates a network of 161 hospitals across 37 states and Puerto Rico. These hospitals offer comprehensive rehabilitative care for patients recovering from major injuries and illnesses, including strokes, brain injuries, spinal cord injuries, and complex orthopedic conditions.

Encompass Health's business model revolves around delivering high-quality, cost-effective care through both facility-based and home-based patient care. The company's integrated approach includes advanced therapies, customized treatment plans, and coordinated care teams to ensure optimal patient outcomes. Their commitment to excellence is reflected in their significant market presence and continual expansion. Recent projects include new inpatient rehabilitation hospitals in Avondale, Arizona, and San Antonio, Texas, aimed at enhancing their service offerings.

Financially, Encompass Health has demonstrated robust performance with consistent revenue growth. For instance, the company reported a 13.4% revenue growth in Q1 2024, driven by strong discharge growth and efficient expense management, leading to an Adjusted EBITDA growth of 19.2%. Their strategic focus on improving labor costs and operational efficiency continues to bolster their financial health.

Encompass Health's dedication to innovation is evident in their use of advanced rehabilitation technologies and their commitment to ongoing research. The company recently announced a call for research grant applications, aimed at investigating the effectiveness of therapies in post-acute care settings. This initiative underscores their commitment to enhancing patient care through evidence-based practices.

Recognized as one of Fortune's World's Most Admired Companies and Modern Healthcare's Best Places to Work in Healthcare, Encompass Health prioritizes a positive working environment for its staff, ensuring they are equipped with the necessary tools and support to deliver exceptional patient care.

For the latest updates on Encompass Health Corporation, including their quarterly earnings reports, new hospital developments, and research initiatives, visit their investor website or follow their official social media channels.

Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) and Altru Health System have finalized a joint venture to operate Altru's 23-bed inpatient rehabilitation unit in Grand Forks, North Dakota. This will be Encompass Health's first location in the state. The unit will be renamed Altru Rehabilitation Hospital, increasing patient rooms from 23 to 40 and expanding services, including in-house dialysis. Renovations are expected to finish by summer 2022, enhancing rehabilitation services for the community.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
none
-
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) will report its second-quarter results on July 27, 2021, after market close. An investor conference call is scheduled for July 28, 2021, at 10 a.m. ET to discuss these results. Participants can access the call by dialing specific numbers for domestic and international callers. A live webcast and replay will be available on the company's investor website. Encompass Health operates a national network of 140 hospitals and various home health and hospice agencies, focusing on integrated healthcare services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
none
-
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) announced Crissy B. Carlisle's appointment as Chief Financial Officer for its Home Health and Hospice business, effective immediately. Carlisle, who retains her role as Chief Investor Relations Officer, brings over 25 years of financial advisory and accounting experience. The board's strategic review of the Home Health and Hospice business continues, with an update anticipated during the second quarter earnings report in late July 2021. No assurances are made about the outcomes of this review.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
none
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) announced the appointment of Barbara A. Jacobsmeyer as CEO of Home Health and Hospice, effective immediately, following April K. Anthony's departure on June 18, 2021. Jacobsmeyer, with extensive healthcare experience, aims to build on the strong foundation established by her predecessor. The board is currently reviewing strategic alternatives for the home health and hospice segment, with updates expected during the second-quarter earnings release in late July 2021. Encompass Health operates numerous facilities nationwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
management
-
Rhea-AI Summary

Encompass Health (NYSE: EHC) has opened a new 50-bed inpatient rehabilitation hospital in Cumming, Georgia, aimed at providing specialized care for patients recovering from severe illnesses and injuries. This facility features private patient rooms and advanced rehabilitation technologies. As the company's 140th hospital, it enhances their footprint in Georgia and aims to deliver superior rehabilitation services to the Forsyth County community. The hospital will support recovery from strokes, brain injuries, and complex orthopedic conditions, ensuring high-quality care through a dedicated team of specialists.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none
-
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) announced a virtual fireside chat on June 29, 2021, at 1 p.m. CT, focusing on its investment in health information technology. The chat will feature insights from Chief Information Officer Rusty Yeager about how technology enhances patient care and operational efficiency. Moderated by Crissy Carlisle, the session will include a Q&A segment. Encompass Health operates 139 hospitals and offers integrated healthcare services across the U.S. Interested participants can join via the investor site.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
conferences
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) has finalized its acquisition of Frontier Home Health and Hospice, enhancing its service capabilities. Effective June 1, 2021, this acquisition adds 9 home health and 11 hospice locations, allowing entry into Alaska, Montana, and Washington, while expanding its presence in Colorado and Wyoming. Encompass Health is a leading provider of Medicare-certified health services, boasting a network of 139 hospitals, 250 home health, and 93 hospice locations across 42 states and Puerto Rico.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
-
Rhea-AI Summary

Encompass Health Corporation (NYSE: EHC) announced the redemption of $100 million in 5.125% senior notes due 2023, scheduled for June 30, 2021. The company will fund this redemption using cash on hand and its revolving credit facility. This move is expected to result in a $0.5 million loss on early extinguishment of debt in Q2 2021. Encompass Health, a leader in integrated healthcare services, operates across 139 hospitals and various home health and hospice locations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
none
-
Rhea-AI Summary

The Vistria Group has announced a recapitalization and growth investment in Medalogix and Muse Healthcare, two companies specializing in data science and machine learning within home health, palliative, and hospice care. They will merge under the Medalogix brand, enhancing patient care through improved technology and clinical decision support. Minority investors include LHC Group, Amedisys, and Encompass Health Corp, collectively serving 45 states. The new entity aims to empower patient care and is expected to engage over 325,000 home health and 50,000 hospice beneficiaries daily.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
Rhea-AI Summary

Encompass Health Corp. (NYSE: EHC) will participate in the 41st Annual Growth Stock Conference by William Blair and the Jefferies Virtual Healthcare Conference in June 2021. The company’s President and CEO Mark Tarr, alongside CFO Doug Coltharp and President of Inpatient Hospitals Barb Jacobsmeyer, will hold a fireside chat on June 2, 2021, at 4:20 p.m. EDT during the William Blair event. The Jefferies conference chat will occur on June 3, 2021, at 3 p.m. EDT. Both events will be available via live webcast.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
conferences

FAQ

What is the current stock price of Encompass Health Corporation (EHC)?

The current stock price of Encompass Health Corporation (EHC) is $94.17 as of December 25, 2024.

What is the market cap of Encompass Health Corporation (EHC)?

The market cap of Encompass Health Corporation (EHC) is approximately 9.5B.

What services does Encompass Health Corporation provide?

Encompass Health Corporation offers post-acute healthcare services, including inpatient rehabilitation, home health care, and hospice care.

How many hospitals does Encompass Health operate?

Encompass Health operates 161 inpatient rehabilitation hospitals across 37 states and Puerto Rico.

What conditions do Encompass Health hospitals treat?

They treat a range of conditions including strokes, brain injuries, spinal cord injuries, amputations, and complex orthopedic conditions.

What recent developments have been made by Encompass Health?

Recent developments include new hospital projects in Avondale, Arizona, and San Antonio, Texas, and the launch of a research grant program.

How did Encompass Health perform financially in Q1 2024?

Encompass Health reported a 13.4% revenue growth and a 19.2% Adjusted EBITDA growth in Q1 2024.

What recognitions has Encompass Health received?

The company is ranked as one of Fortune's World's Most Admired Companies and Modern Healthcare's Best Places to Work in Healthcare.

How does Encompass Health support its employees?

The company ensures a positive working environment by providing the necessary tools and support for staff to deliver exceptional patient care.

Where can I find the latest news about Encompass Health?

The latest news can be found on their investor website and official social media channels.

What initiatives does Encompass Health have for research?

Encompass Health has launched a research grant program to investigate the effectiveness of therapies in post-acute care settings.

What technologies does Encompass Health use in rehabilitation?

They use advanced rehabilitation technologies and customized treatment plans to maximize patient recovery.

Encompass Health Corporation

NYSE:EHC

EHC Rankings

EHC Stock Data

9.49B
99.27M
1.36%
98.26%
1.1%
Medical Care Facilities
Services-hospitals
Link
United States of America
BIRMINGHAM