Encompass Health Stock Price, News & Analysis
Company Description
Encompass Health Corporation (NYSE: EHC) is the largest owner and operator of inpatient rehabilitation hospitals in the United States. According to multiple company disclosures, it maintains a national footprint that includes hospitals across 39 states and Puerto Rico. The company focuses on providing rehabilitative care for patients recovering from major injuries and illnesses in dedicated inpatient rehabilitation hospitals.
Encompass Health’s hospitals provide post-acute inpatient rehabilitation services. Company news releases describe these hospitals as serving patients recovering from strokes, brain injuries, spinal cord injuries, amputations, complex orthopedic conditions and other debilitating illnesses and injuries. Patients typically receive intensive physical, occupational and/or speech therapy for a minimum of three hours a day, five days a week, along with frequent physician visits and 24‑hour nursing care. Care teams include highly specialized nurses, therapists and physicians who work together to create customized treatment plans aimed at restoring functional ability, independence and quality of life.
The company reports that its inpatient rehabilitation hospitals are often freestanding facilities designed specifically for rehabilitation. Recent openings in Florida, Texas and Connecticut highlight common design elements: all or nearly all private patient rooms, spacious therapy gyms with advanced rehabilitation technologies for different mobility levels, activities of daily living suites with real‑world simulated environments, in‑house dialysis suites, landscaped therapy courtyards, dining rooms, in‑house pharmacies and dayroom areas. These features are intended to support intensive therapy while providing an environment tailored to recovery from serious conditions.
Encompass Health’s network includes both wholly owned hospitals and joint venture hospitals with regional health systems. For example, company news describes joint ventures with BSA Health System in Texas and Vanderbilt Health in Tennessee. In these arrangements, the inpatient rehabilitation hospital complements existing acute care services by providing hospital‑level rehabilitative care close to patients’ homes. The company also expands within certain states through satellite locations associated with existing hospitals.
The company’s own descriptions emphasize that inpatient rehabilitation is the core of its business. A Polygon profile notes that Encompass Health provides post‑acute healthcare services through a network of inpatient rehabilitation hospitals and that inpatient rehabilitation contributes the majority of the firm’s revenue. Company communications consistently characterize Encompass Health as focused on high‑quality, compassionate rehabilitative care for patients recovering from major injuries or illnesses, using advanced technology and treatments to maximize recovery.
Encompass Health highlights external recognition in its public materials. It states that it has been named “America’s Most Awarded Leader in Inpatient Rehabilitation” by Newsweek and Statista and that many of its hospitals appear on Newsweek’s list of America’s Best Physical Rehabilitation Centers. The company also notes that it is ranked among Fortune’s World’s Most Admired Companies™ and Forbes’ Most Trusted Companies in America. These rankings are described as based on factors such as quality metrics, expert surveys, accreditation data and patient satisfaction indicators.
Geographically, the company’s hospitals are distributed across the United States. Earlier descriptions referenced a concentration in the eastern half of the country and Texas, while more recent news shows continued expansion into markets such as Florida, Texas, Indiana, Tennessee and Connecticut. The company frequently notes when it opens its first hospital in a new state or adds additional locations within an existing state, indicating an ongoing strategy of broadening its national footprint in inpatient rehabilitation.
Encompass Health’s investor communications and SEC filings discuss financial measures such as net operating revenue, Adjusted EBITDA, adjusted earnings per share and adjusted free cash flow. The company uses non‑GAAP metrics like Adjusted EBITDA and adjusted free cash flow as analytical indicators for liquidity, leverage and capacity to invest, and it provides reconciliations to comparable GAAP measures in its earnings releases and investor materials. It also references an Investor Reference Book that outlines an overview of the company and its industry, its business outlook, growth strategy and operational initiatives.
In summary, Encompass Health Corporation is a specialized healthcare company in the inpatient rehabilitation hospital sector. It operates a large network of rehabilitation hospitals that provide intensive, multidisciplinary therapy and medical oversight for patients recovering from serious conditions. Its business is centered on post‑acute inpatient rehabilitation, delivered in purpose‑built facilities and, in some markets, through joint ventures with other health systems. Public disclosures highlight both the scale of its hospital network and external recognition related to inpatient rehabilitation care.
Key business characteristics
- Sector and industry: Health Care and Social Assistance; general medical and surgical hospitals with a focus on inpatient rehabilitation.
- Primary activity: Operating inpatient rehabilitation hospitals that provide post‑acute rehabilitative care.
- Patient focus: Individuals recovering from strokes, neurological disorders, brain and spinal cord injuries, amputations and complex orthopedic conditions, as described in company news releases.
- Care model: Intensive physical, occupational and/or speech therapy, frequent physician visits and 24‑hour nursing care delivered by interdisciplinary teams.
- Facilities: Freestanding hospitals with private rooms, therapy gyms, activities of daily living suites, in‑house dialysis suites, therapy courtyards, dining areas and pharmacies, as highlighted in recent hospital opening announcements.
- Network structure: Combination of wholly owned hospitals and joint ventures with regional health systems.
- Recognition: Named “America’s Most Awarded Leader in Inpatient Rehabilitation” by Newsweek and Statista and ranked among Fortune’s World’s Most Admired Companies™ and Forbes’ Most Trusted Companies in America, according to company disclosures.