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 reports developments tied to its role as an operator of inpatient rehabilitation hospitals in the United States. Company news commonly covers hospital openings and capacity additions, rehabilitative care for patients recovering from strokes, neurological disorders, brain and spinal cord injuries, amputations and complex orthopedic conditions, and updates from its national hospital network.
Recurring announcements also include quarterly operating results, same-store discharge trends, net patient revenue per discharge, cash dividends on common stock, investor conference participation and annual stockholder meeting matters. These updates connect Encompass Health's post-acute care model with its hospital expansion activity, patient-volume measures, reimbursement-sensitive revenue trends and public-company governance calendar.
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.
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.