Healthcare expansion
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EHC Expands in Tennessee Via New JV Facility With Vanderbilt Health
ZACKS· 2025-11-26 19:01
Core Insights - Encompass Health Corporation (EHC) has expanded its partnership with Vanderbilt Health to build a new 40-bed inpatient rehabilitation hospital in Lebanon, TN, expected to open in 2028 [1][5][9] Facility Details - The new hospital will feature private patient rooms, a large therapy gym with advanced rehabilitation technologies, daily living suite activities, an in-house dialysis unit, a pharmacy, and a therapy courtyard [2] - Specialized care will be provided for patients recovering from serious illnesses and injuries, including strokes, neurological disorders, traumatic brain injuries, spinal cord injuries, amputations, and complex orthopedic conditions [3] Operational Impact - The facility aims to enhance patient recovery speed and improve health outcomes for residents in Wilson, Smith, Trousdale, and Macon counties [4] - EHC's expansion aligns with the increasing demand for inpatient rehabilitation services due to a rise in patients with serious health conditions [7] Financial Performance - In the first nine months of 2025, EHC reported revenues of $4.4 billion, reflecting a 10.6% increase compared to the same period in the previous year [6] - EHC's share price has increased by 13% over the past year, outperforming the industry average growth of 1.9% [8]
US behavioural health provider ARC Health secures $182m credit facility
Yahoo Finance· 2025-11-13 10:23
Core Insights - ARC Health has secured a $182 million credit facility to refinance existing debt and support growth initiatives in the US [1][2] - The company aims to expand its presence and improve behavioral health services across important regions in the US [2] - Thurston Group, a private equity firm, supports ARC Health's growth strategy and the establishment of the new credit facility [3][4] Company Overview - Founded in 2021 and based in Cleveland, Ohio, ARC Health is an outpatient behavioral health provider [1] - The company operates 91 locations across 20 US states and employs over 1,300 clinicians [1] - ARC Health focuses on a data-driven, patient-centered model to achieve strong clinical and operational results [1] Growth Strategy - The new credit facility will provide ARC Health with the capital and flexibility needed for expansion and to support partner practices [2] - The acquisition of Mindsoother Therapy Center in January 2024 marks a significant step in ARC Health's growth journey [4]
NextPlat Accelerates Healthcare Growth with New Leadership and Expanded Sales, Marketing, and Technology Investments
Prnewswire· 2025-08-26 12:02
Core Insights - NextPlat Corp is strategically expanding its healthcare operations, focusing on enhancing customer service and introducing new services for 340B and long-term care providers [1][2] - The company has appointed new senior leadership to drive this expansion, including Birute Norkute as Vice President of Healthcare Operations and Alexis Fernandez as Director of Pharmacy [5] Group 1: Company Strategy - NextPlat aims to capitalize on the expanding healthcare market by investing in talented leadership and entering higher-margin healthcare segments to enhance profitability and shareholder value [2] - The company is making investments into PharmcoRx to support growth and profitability, including hiring dedicated sales and marketing professionals for securing 340B and Long-Term Care contracts [5] Group 2: Leadership Appointments - Birute Norkute has been appointed as Vice President of Healthcare Operations, bringing over a decade of experience from Progressive Care, where she led significant growth and operational success [5] - Alexis Fernandez, with over 20 years of pharmacy experience, has been appointed as Director of Pharmacy, focusing on improving pharmacy operations and patient care [5] Group 3: Operational Enhancements - NextPlat is initiating a technology upgrade cycle aimed at improving internal process efficiencies and enhancing patient care and customer service responsiveness [5] - The company is focused on building a strong reputation in the healthcare sector, leveraging its leadership's experience to drive operational excellence and service quality [5]