Welcome to our dedicated page for Encompass Health news (Ticker: EHC), a resource for investors and traders seeking the latest updates and insights on Encompass Health stock.
Encompass Health Corporation (NYSE: EHC) is the largest owner and operator of inpatient rehabilitation hospitals in the United States, and its news flow reflects ongoing activity across a broad national network. Company announcements frequently highlight new hospital openings, expansion into additional states and joint venture projects with regional health systems.
Recent news releases describe the opening of freestanding inpatient rehabilitation hospitals in markets such as Lake Worth and St. Petersburg in Florida, Amarillo in Texas and Danbury in Connecticut. These hospitals provide intensive physical, occupational and speech therapy, frequent physician visits and 24-hour nursing care for patients recovering from strokes, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. News items often detail facility features such as private rooms, therapy gyms with advanced rehabilitation technologies, activities of daily living suites, in-house dialysis suites and therapy courtyards.
Encompass Health’s news also covers development plans and partnerships, including joint venture hospitals with organizations like Vanderbilt Health and BSA Health System. These stories explain how new inpatient rehabilitation hospitals are intended to complement existing acute care services and expand access to hospital-level rehabilitative care in specific regions.
Investors and observers will also find financial and corporate updates in the company’s news, such as quarterly earnings results, guidance updates and dividend declarations. The company issues press releases summarizing its operating results, non-GAAP measures like Adjusted EBITDA and adjusted earnings per share, and information about investor conference calls and webcasts.
This news page aggregates these various categories of information, allowing readers to follow Encompass Health’s hospital openings, geographic expansion, partnerships, financial disclosures and industry recognitions in one place.
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.
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.
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.
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.
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.
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.
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.
Encompass Health Corporation (NYSE: EHC) has declared a quarterly cash dividend of $0.28 per share on its common stock. The dividend is payable on July 15, 2021, to shareholders on record as of July 1, 2021. With a national footprint, Encompass Health operates 139 hospitals, 241 home health locations, and 82 hospice locations across 39 states and Puerto Rico. The company is recognized as a leader in integrated healthcare services and ranked among Fortune's 100 Best Companies to Work For.
Encompass Health (NYSE: EHC) has extended its sponsorship with the American Heart Association's Together To End Stroke campaign through December 2024. Initially launched in January 2019, this partnership aims to raise awareness about stroke prevention and recovery. In the first two years, Encompass Health reached over 300,000 people through educational resources and over nine million via social media. The company served more than 34,000 stroke patients in 2020, providing extensive rehabilitation services. This initiative aligns with Encompass Health's mission to improve patient outcomes and reduce stroke mortality.
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