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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.
Encompass Health Corp. (NYSE: EHC) announced plans to construct a 40-bed inpatient rehabilitation hospital in Danbury, Connecticut. This facility will focus on rehabilitation for patients recovering from strokes, brain injuries, spinal cord injuries, amputations, and complex orthopedic conditions.
The hospital will feature all private patient rooms, a therapy gym, and various rehabilitation services, including physical, occupational, and speech therapy. This will be Encompass Health's first rehabilitation hospital in Connecticut, expanding their national network of 157 hospitals across 37 states and Puerto Rico. The project aims to enhance local healthcare access and provide significant community value by helping patients regain independence.
Encompass Health (NYSE: EHC) has opened the Encompass Health Rehabilitation Hospital of Clermont, a 50-bed facility in Florida, focusing on the rehabilitation of patients recovering from serious illnesses and injuries, including strokes and spinal cord injuries. This new hospital, located at 2901 State Road 50, provides 24-hour nursing care, physical, occupational, and speech therapies, and features private patient rooms and advanced rehabilitation technologies. It is the company's 157th inpatient rehabilitation hospital in the U.S. and 20th in Florida. Glenda Carius, CEO, stated that the facility aims to help patients regain independence through specialized care in a state-of-the-art environment.
Encompass Health Corp. (NYSE: EHC) has announced it will release its first-quarter earnings results for the period ending March 31, 2023, after market close on April 27, 2023. A conference call for investors is scheduled for April 28, 2023, at 10 a.m. ET, where the company will discuss its financial results. Interested parties can access the call by dialing 800-225-9448 and using the conference ID EHCQ123. A live webcast of the call will also be available on the company’s investor website.
Encompass Health is the largest owner and operator of rehabilitation hospitals in the U.S., with 156 facilities across 37 states and Puerto Rico, providing high-quality rehabilitative care using innovative treatments.
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