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 Corporation (NYSE: EHC) has declared a quarterly cash dividend of $0.28 per share on its common stock. This dividend will be payable on April 15, 2021, to stockholders of record as of April 1, 2021, reflecting the company's commitment to providing value to its shareholders.
Encompass Health operates a comprehensive network that includes 137 hospitals and 241 home health locations across the United States.
Encompass Health Corp. (NYSE: EHC) will participate in the Barclays Global Healthcare Conference from March 9-11, 2021. The event will be held virtually, including a fireside chat on March 9 at 11:30 a.m. ET featuring key executives like Mark Tarr and Doug Coltharp. The chat will be webcast live, accessible via investor.encompasshealth.com. Encompass Health is a leader in integrated healthcare, operating 137 hospitals and various health agency locations across the U.S. and Puerto Rico.
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Encompass Health Corp. (NYSE: EHC) announced plans to build a 60-bed inpatient rehabilitation hospital in Bowie, Maryland, expected to open in mid-2022. The facility will provide essential rehabilitation services for patients recovering from severe illnesses and injuries, such as strokes and spinal cord injuries. It will feature private rooms, advanced rehabilitation technologies, and comprehensive therapy options. This hospital will enhance local healthcare services and is part of Encompass Health’s extensive network of 137 rehabilitation hospitals nationwide.
Encompass Health Corp. (NYSE: EHC) will host a webcast on March 10, 2021, at 1 p.m. CT to discuss its use of predictive analytics in reducing acute hospital readmissions and enhancing patient outcomes in its inpatient rehabilitation hospitals across the United States. The session will be led by Barb Jacobsmeyer, Executive VP and President of Inpatient Hospitals, followed by a Q&A segment. Interested members of the investment community can access the webcast via the company’s investor site.
Encompass Health Corp. (NYSE: EHC) and Ascension St. John announced plans to build a 40-bed inpatient rehabilitation hospital in Owasso, Oklahoma. This facility will offer physical, occupational, and speech therapies, along with 24-hour nursing care, to patients recovering from serious conditions such as strokes and spinal injuries. The hospital is set to complement local acute care services and is the second joint venture location following the Broken Arrow hospital, which opened in 2016. Demand for rehabilitation services has increased, prompting this expansion.
Encompass Health Corporation (EHC) reported Q4 2020 results, showing a 2.5% increase in net operating revenues to $1,214.4 million compared to Q4 2019. Income from continuing operations per diluted share rose by 26.5%, reaching $0.86. Adjusted EBITDA was stable at $239.9 million. However, the home health segment experienced a 3.9% revenue decline. The company provided 2021 guidance predicting net revenues of $5,000 to $5,170 million and adjusted EBITDA between $925 to $955 million. Encompass Health is also exploring strategic alternatives for its home health and hospice business.
Encompass Health Corp. (NYSE: EHC) and UnityPoint Health – Trinity are launching a new 40-bed inpatient rehabilitation hospital, The Quad Cities Rehabilitation Institute, in Moline, Illinois. This initiative follows the approval of a certificate of need by the Illinois Health Facilities and Services Review Board. The facility aims to enhance access to rehabilitative care for the Quad Cities community and will feature a range of therapies and medical services. Construction is set to begin in mid-2022, with the hospital expected to be operational shortly thereafter.
Encompass Health Corp. (NYSE: EHC) will release its fourth-quarter results for the period ending December 31, 2020, after market close on January 26, 2021. The company will hold an investor conference call on January 27, 2021, at 9 a.m. ET to discuss these results. Interested parties can access the call by dialing 877-587-6761 (international: 706-679-1635) and using the pass code 6192515. A live webcast and replay will be available on the company's investor website.
Encompass Health Corp. (NYSE: EHC) is exploring strategic alternatives for its home health and hospice business, considering options like an IPO, spin-off, merger, or sale. The company has experienced substantial growth since merging with Encompass Home Health and Hospice in 2015. As part of this review, the board is assessing potential corporate structures to enhance growth. There is no set timeline for the review’s completion, and the company will disclose updates only as directed by its Board. Citi and Wachtell, Lipton, Rosen, and Katz are advising on the process.