Latest news with #EncompassHealth
Yahoo
3 days ago
- Business
- Yahoo
Encompass Health Plans a 50-Bed Unit to Better Serve North Las Vegas
Encompass Health Corporation EHC recently disclosed initial plans to construct a freestanding inpatient rehabilitation hospital in North Las Vegas, NV. Equipped with 50 beds, the facility is expected to commence operations by 2028. The hospital will offer private patient rooms, a modern therapy gym equipped with advanced rehabilitation technologies and specialized spaces such as daily living suite and an in-house dialysis unit. Complementing these are additional amenities like an in-house pharmacy, a communal dining space and a therapeutic courtyard. Patients will benefit from comprehensive rehabilitative services, including round-the-clock nursing care, as well as physical, occupational and speech therapy. The care team will include highly trained physicians, therapists and nurses. This, in turn, will ensure speedy recovery of patients suffering from a range of serious health conditions and ensure their quicker return to normal daily activities. Encompass Health's latest announcement highlights its commitment to enhancing healthcare outcomes in the Las Vegas region, thereby reinforcing its presence throughout Nevada, where it operates three other facilities. These expansion efforts are driven by a sustained need for comprehensive rehabilitation services across various U.S. communities. By continually growing its nationwide network of inpatient rehabilitation hospitals, Encompass Health positions itself to serve an expanding patient population and generate increased revenues. Higher patient volumes boost revenues for any healthcare operator like EHC. In the first quarter of 2025, Encompass Health reported $1.5 billion in revenues from inpatient rehabilitation services, reflecting 10.6% year-over-year growth. Currently, the company operates 168 inpatient rehabilitation hospitals across 38 states and Puerto Rico. This expansive portfolio is the result of a proactive growth strategy that includes both independently developed facilities and also facilities built through partnerships with regional healthcare providers. These collaborations offer strategic advantages by enabling Encompass Health to gain deeper insights into the unique healthcare needs of different regions. The last addition to its hospital portfolio was that of Rehabilitation Hospital of Fort Myers, which was built in partnership with Lee Health to provide high-quality rehabilitation services across Florida. Shares of Encompass Health have gained 41.8% in the past year compared with the industry's 3.6% growth. EHC currently sports a Zacks Rank #1 (Strong Buy). Image Source: Zacks Investment Research Some other top-ranked stocks in the Medical space are Integer Holdings Corporation ITGR, Align Technology, Inc. ALGN and BioLife Solutions, Inc. BLFS, each currently sporting a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks here. Integer's earnings surpassed estimates in three of the last four quarters and missed the mark once, the average surprise being 2.77%. The Zacks Consensus Estimate for ITGR's 2025 earnings indicates a rise of 19.4%, while the consensus mark for revenues implies an improvement of 7.7% from the respective prior-year tallies. The consensus mark for ITGR's 2025 earnings has moved 4.5% north in the past 60 bottom line of Align Technology outpaced estimates in each of the trailing four quarters, the average beat being 3.40%. The Zacks Consensus Estimate for ALGN's 2025 earnings indicates a rise of 10.7%, while the consensus mark for revenues implies an improvement of 3.9% from the respective prior-year tallies. The consensus mark for ALGN's 2025 earnings has moved 4.2% north in the past 60 days. BioLife Solutions' earnings outpaced estimates in each of the trailing four quarters, the average surprise being 112.90%. The Zacks Consensus Estimate for BLFS' 2025 earnings is pegged at 2 cents per share. A loss of 7 cents per share was incurred in the prior-year quarter. BLFS has witnessed one upward estimate revision for 2025 earnings against none down in the past 60 days. Shares of Integer and BioLife Solutions have gained 2.8% and 3.3%, respectively, in the past year. However, Align Technology stock has lost 25.8% in the same time frame. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Align Technology, Inc. (ALGN) : Free Stock Analysis Report BioLife Solutions, Inc. (BLFS) : Free Stock Analysis Report Integer Holdings Corporation (ITGR) : Free Stock Analysis Report Encompass Health Corporation (EHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Encompass Health announces preliminary plans to build a 50-bed inpatient rehabilitation hospital in North Las Vegas
BIRMINGHAM, Ala. and LAS VEGAS, June 18, 2025 /PRNewswire/ — Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 50-bed inpatient rehabilitation hospital in North Las Vegas, Nevada. The hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24-hour nursing care, the hospital will offer physical, occupational and speech therapies to restore functional ability and quality of life. Care will be provided by highly specialized nurses, therapists and physicians. The hospital will feature private patient rooms, a spacious therapy gym with advanced rehabilitation technologies and an activities of daily living suite, in-house dialysis suite, dining room, pharmacy and therapy courtyard. 'We are excited to begin construction and progress toward opening another hospital in the Las Vegas market,' said Kim Steward, president of Encompass Health's West region. 'The hospital will provide residents in the North Las Vegas community access to high-quality, compassionate rehabilitative care close to their homes.' The hospital, expected to open by 2028, will be part of Encompass Health's national network of inpatient rehabilitation hospitals and its 4th location in Nevada. About Encompass HealthEncompass Health (NYSE: EHC) is the largest owner and operator of inpatient rehabilitation hospitals in the United States. With a national footprint that includes 168 hospitals in 38 states and Puerto Rico, the Company provides high-quality, compassionate rehabilitative care for patients recovering from a major injury or illness, using advanced technology and innovative treatments to maximize recovery. Encompass Health is ranked as one of Fortune's World's Most Admired Companies™, Becker's Hospital Review's 150 Top Places to Work in Healthcare and Forbes' Most Trusted Companies in America. For more information, visit or follow us on our newsroom, X, Instagram and Facebook. From Fortune. © 2025 Fortune Media IP Limited. All rights reserved. Fortune® is a registered trademark and Fortune World's Most Admired Companies™ is trademark of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Encompass Health. From Forbes © 2024 Forbes Media LLC. All rights reserved. Used under license. Forward-Looking StatementsStatements contained in this press release which are not historical facts, such as those relating to the likelihood, timing and effects of the completion of this hospital project, are forward-looking statements. In addition, Encompass Health may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Encompass Health's actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, the regulatory review and approval process, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against the Company; the possibility this project will experience unexpected delays; the ability to successfully complete this project consistent with Encompass Health's growth strategy, including development and maintenance of relationships with referral sources; disease outbreaks, including the speed, depth, geographic reach and duration of the spread; the actions to be taken by Encompass Health in response to disease outbreaks; changes in the regulation of the healthcare industry at either or both of the federal and state levels; competitive pressures in the healthcare industry and Encompass Health's response thereto; the hospital's ability to maintain proper local, state and federal licensing; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of Encompass Health's information systems; Encompass Health's ability to attract and retain nurses, therapists, and other healthcare professionals in a highly competitive environment with often severe staffing shortages and the impact on Encompass Health's labor expenses from potential union activity and staffing shortages; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for Encompass Health's services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in Encompass Health's SEC filings and other public announcements, including Encompass Health's Form 10-K for the year ended Dec. 31, 2024 and 10-Q for the quarter ended March 31, 2025. Media contact:Polly Manuel | 205-970-5912media@ Investor Relations contact:Mark Miller |
Yahoo
5 days ago
- Business
- Yahoo
Encompass Health announces preliminary plans to build a 50-bed inpatient rehabilitation hospital in North Las Vegas
BIRMINGHAM, Ala. and LAS VEGAS, June 18, 2025 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 50-bed inpatient rehabilitation hospital in North Las Vegas, Nevada. The hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24-hour nursing care, the hospital will offer physical, occupational and speech therapies to restore functional ability and quality of life. Care will be provided by highly specialized nurses, therapists and physicians. The hospital will feature private patient rooms, a spacious therapy gym with advanced rehabilitation technologies and an activities of daily living suite, in-house dialysis suite, dining room, pharmacy and therapy courtyard. "We are excited to begin construction and progress toward opening another hospital in the Las Vegas market," said Kim Steward, president of Encompass Health's West region. "The hospital will provide residents in the North Las Vegas community access to high-quality, compassionate rehabilitative care close to their homes." The hospital, expected to open by 2028, will be part of Encompass Health's national network of inpatient rehabilitation hospitals and its 4th location in Nevada. About Encompass HealthEncompass Health (NYSE: EHC) is the largest owner and operator of inpatient rehabilitation hospitals in the United States. With a national footprint that includes 168 hospitals in 38 states and Puerto Rico, the Company provides high-quality, compassionate rehabilitative care for patients recovering from a major injury or illness, using advanced technology and innovative treatments to maximize recovery. Encompass Health is ranked as one of Fortune's World's Most Admired Companies™, Becker's Hospital Review's 150 Top Places to Work in Healthcare and Forbes' Most Trusted Companies in America. For more information, visit or follow us on our newsroom, X, Instagram and Facebook. From Fortune. © 2025 Fortune Media IP Limited. All rights reserved. Fortune® is a registered trademark and Fortune World's Most Admired Companies™ is trademark of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Encompass Health. From Forbes © 2024 Forbes Media LLC. All rights reserved. Used under license. Forward-Looking StatementsStatements contained in this press release which are not historical facts, such as those relating to the likelihood, timing and effects of the completion of this hospital project, are forward-looking statements. In addition, Encompass Health may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Encompass Health's actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, the regulatory review and approval process, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against the Company; the possibility this project will experience unexpected delays; the ability to successfully complete this project consistent with Encompass Health's growth strategy, including development and maintenance of relationships with referral sources; disease outbreaks, including the speed, depth, geographic reach and duration of the spread; the actions to be taken by Encompass Health in response to disease outbreaks; changes in the regulation of the healthcare industry at either or both of the federal and state levels; competitive pressures in the healthcare industry and Encompass Health's response thereto; the hospital's ability to maintain proper local, state and federal licensing; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of Encompass Health's information systems; Encompass Health's ability to attract and retain nurses, therapists, and other healthcare professionals in a highly competitive environment with often severe staffing shortages and the impact on Encompass Health's labor expenses from potential union activity and staffing shortages; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for Encompass Health's services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in Encompass Health's SEC filings and other public announcements, including Encompass Health's Form 10-K for the year ended Dec. 31, 2024 and 10-Q for the quarter ended March 31, 2025. Media contact:Polly Manuel | 205-970-5912media@ Investor Relations contact:Mark Miller | View original content to download multimedia: SOURCE Encompass Health Corp. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Is Encompass Health (EHC) Outperforming Other Medical Stocks This Year?
For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Encompass Health (EHC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question. Encompass Health is a member of the Medical sector. This group includes 998 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Encompass Health is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for EHC's full-year earnings has moved 4.4% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that EHC has returned about 30.3% since the start of the calendar year. At the same time, Medical stocks have lost an average of 3.5%. This shows that Encompass Health is outperforming its peers so far this year. One other Medical stock that has outperformed the sector so far this year is Elanco Animal Health Incorporated (ELAN). The stock is up 15% year-to-date. Over the past three months, Elanco Animal Health Incorporated's consensus EPS estimate for the current year has increased 1.8%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Encompass Health belongs to the Medical - Outpatient and Home Healthcare industry, which includes 17 individual stocks and currently sits at #39 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so EHC is performing better in this area. Elanco Animal Health Incorporated is also part of the same industry. Investors interested in the Medical sector may want to keep a close eye on Encompass Health and Elanco Animal Health Incorporated as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Encompass Health Corporation (EHC) : Free Stock Analysis Report Elanco Animal Health Incorporated (ELAN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-05-2025
- Health
- Yahoo
EHC Opens Rehabilitation Unit in Fort Myers, Boosts Florida Footprint
Encompass Health Corporation EHC recently inaugurated the Rehabilitation Hospital of Fort Myers, a healthcare facility built as a result of its joint venture partnership with Florida-based Lee Health. The partners joined forces back in 2022 to jointly operate two inpatient rehabilitation hospitals in Southwest Florida, one in Cape Coral and the other one in Fort Myers. Encompass Health Rehabilitation Hospital of Cape Coral commenced operations almost within the targeted timeline in 2022. Initially, the Fort Myers facility was expected to be functional in 2024 but during the groundbreaking ceremony of the joint venture hospital in March 2024, the inauguration timeline was revealed to be summer 2025. The Rehabilitation Hospital of Fort Myers is equipped with 60 beds and features private patient rooms, a modern therapy gym with cutting-edge technology, a therapy courtyard, a daily living suite, an in-house dialysis unit and several other lucrative amenities. A multidisciplinary team of specialized nurses, therapists and physicians will deliver tailored physical, occupational and speech therapies to patients recovering from strokes, brain and spinal cord injuries, amputations and complex orthopedic conditions. Patients will benefit from at least three hours of intensive therapy five days a week, regular physician visits and 24-hour nursing support. Such enhanced rehabilitation services will enable patients to resume daily life activities and bring about improved health outcomes across the Fort Myers area. The recent partnership is reflective of EHC's efforts to boost its presence in Florida. The company already boasts a well-established presence in the state and the Fort Myers hospital marks its 22nd facility across Florida. Lee Health, which has more than 10 decades of experience in catering to the health needs of Florida residents, seems to be the apt partner for complementing Encompass Health's endeavor. This month itself, EHC unveiled early-stage plans to build a new 50-bed inpatient rehabilitation hospital in Apollo Beach, FL. EHC has been able to substantiate the credibility of its affordable and high-quality inpatient rehabilitative services across 38 states and Puerto Rico, as a result of which it remains the trusted partner for several healthcare providers. Joint ventures with regional healthcare providers are beneficial for Encompass Health since they serve as a means to gain an in-depth knowledge of the diversified healthcare needs of a particular region. The latest hospital opening takes the overall count of Encompass Health's inpatient rehabilitation hospitals to 168. The company follows a remarkable expansion endeavor of opening such facilities throughout the year. An increase in the facility count is likely to provide an opportunity for EHC to treat more patients and bring higher revenues. Revenues improved 10.6% year over year in the first quarter of 2025. Management estimates operating revenues to lie between $5.85 billion and $5.925 billion for 2025, the midpoint of which indicates a 9.6% rise from the 2024 reported figure. Shares of Encompass Health have gained 42.6% in the past year compared with the industry's growth of 5.7%. EHC currently sports a Zacks Rank #1 (Strong Buy). Image Source: Zacks Investment Research Some other top-ranked stocks in the Medical space are CorMedix Inc. CRMD, BioLife Solutions, Inc. BLFS and Integer Holdings Corporation ITGR, each sporting a Zacks Rank #1 at present. You can see the complete list of today's Zacks #1 Rank stocks here. CorMedix's earnings surpassed estimates in each of the last four quarters, the average surprise being 25.82%. The Zacks Consensus Estimate for CRMD's 2025 earnings is pegged at 93 cents per share. A loss of 30 cents per share was incurred in the prior year. The consensus mark for revenues indicates a nearly four-fold increase from the year-ago actual. The consensus mark for CRMD's earnings has moved 40.9% north in the past 30 bottom line of BioLife Solutions outpaced estimates in each of the trailing four quarters, the average surprise being 112.90%. The Zacks Consensus Estimate for BLFS' 2025 earnings is pegged at 2 cents per share. A loss of 7 cents per share was incurred in the prior year. BLFS witnessed one upward estimate revision for 2025 earnings against none downward over the past 30 days. Integer's earnings outpaced estimates in three of the trailing four quarters and missed the mark once, the average surprise being 2.77%. The Zacks Consensus Estimate for ITGR's 2025 earnings indicates a rise of 19.4% from the prior-year tally. The consensus mark for revenues indicates a 7.7% increase from the year-ago actual. The consensus mark for ITGR's earnings has moved up 1.1% in the past seven days. Shares of CorMedix and BioLife Solutions have gained 143% and 3.1%, respectively, in the past year. However, Integer stock has declined 1.5% in the same time frame. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BioLife Solutions, Inc. (BLFS) : Free Stock Analysis Report CorMedix Inc (CRMD) : Free Stock Analysis Report Integer Holdings Corporation (ITGR) : Free Stock Analysis Report Encompass Health Corporation (EHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
