Encompass Health Corp Stock Price, News & Analysis

Encompass Health Corp. (NYSE: EHC) has secured land to construct a new 50-bed inpatient rehabilitation hospital in Lake Worth, Florida, with plans to open in 2024. The facility will offer essential therapies and 24-hour nursing care, focusing on recovery from severe illnesses and injuries. The hospital will include private rooms, advanced therapy facilities, and a range of amenities. Currently, Encompass Health operates 13 rehab hospitals in Florida, with eight more slated for 2022 and 2023 openings.

Encompass Health Corporation (NYSE: EHC) announced a quarterly cash dividend of $0.28 per share on July 20, 2021. The dividend is payable on October 15, 2021, to shareholders of record as of October 1, 2021. This declaration highlights the company’s ongoing commitment to returning value to its shareholders. Encompass Health operates a robust network of healthcare facilities across the U.S., including 140 hospitals and various home health and hospice locations, ensuring high-quality, integrated healthcare services.

Encompass Health Corp. (NYSE: EHC) has contracted land to construct a 50-bed inpatient rehabilitation hospital in Palm Beach Gardens, Florida, with operations expected to begin in 2023. This facility will enhance local healthcare by providing extensive rehabilitation services for patients recovering from severe health issues, all under the supervision of specialized medical staff. Encompass Health's Florida presence includes 13 existing hospitals and one under construction in Pensacola, set to open in August 2021, with plans for seven more hospitals to open in the state by 2023.

Encompass Health Corp. (NYSE: EHC) announced plans to build a new 40-bed inpatient rehabilitation hospital in Fitchburg, Wisconsin, aimed to enhance local rehabilitation services. Named Encompass Health Rehabilitation Hospital of Fitchburg, the facility will offer comprehensive therapies and 24-hour nursing care for patients recovering from severe illnesses like strokes and spinal cord injuries. Expected to open in 2023, the hospital will feature private rooms and advanced rehabilitation technologies. Encompass Health continues to expand its presence in the U.S., operating a network of 140 hospitals nationwide.

Encompass Health Corp. (NYSE: EHC) and Hospital Sisters Health System (HSHS) have announced a joint venture to create a 36-bed inpatient rehabilitation hospital within HSHS Sacred Heart Hospital in Eau Claire, Wisconsin. The new facility, named The Rehabilitation Hospital of Western Wisconsin, will replace the existing 24-bed unit, enhancing local rehabilitation services for patients recovering from major illnesses and injuries. Construction is set to begin in September 2021 with completion expected by August 2022, marking Encompass Health's first location in Wisconsin.

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.

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.

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.

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.