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Encompass Health Opens New Rehabilitation Hospital in The Villages
ZACKS· 2025-09-10 17:15
Core Insights - Encompass Health Corporation (EHC) has opened a new 50-bed inpatient rehabilitation hospital in Central Florida, specifically in The Villages, to cater to the healthcare needs of a rapidly growing retirement community [1][4] Group 1: Facility Features - The new hospital is equipped to support recovery from serious medical issues such as strokes, spinal cord injuries, brain injuries, amputations, and complex orthopedic conditions, providing at least three hours of therapy five days a week [2] - It includes an in-house pharmacy, a therapy gym with advanced technologies, an in-house dialysis suite, and outdoor therapy areas for realistic skill practice [3] Group 2: Strategic Growth Plans - EHC aims to enhance its network in Florida and is part of a broader growth plan that includes opening seven new hospitals and adding 100-120 beds to existing facilities by 2025 [4] Group 3: Financial Performance - EHC's occupancy rates have improved from 72.1% in 2023 to 74.6% in 2024, with an average of 77.7% in the first half of 2025 [5] - The company's net operating revenues increased by 11.3% year-over-year to $2.91 billion in the first half of 2025, with projections for 2025 revenues between $5.88 billion and $5.98 billion [5][8] Group 4: Stock Performance - Year-to-date, EHC shares have increased by 35.7%, outperforming the industry growth of 10.4% [6]
EHC Opens Rehabilitation Unit in Fort Myers, Boosts Florida Footprint
ZACKS· 2025-05-21 18:26
Core Insights - Encompass Health Corporation (EHC) has inaugurated the Rehabilitation Hospital of Fort Myers in partnership with Lee Health, marking a significant expansion in Florida's healthcare landscape [1][5] - The new facility is equipped with 60 beds and offers advanced rehabilitation services, including tailored therapies for patients recovering from various conditions [3][4] - EHC's overall strategy includes increasing its facility count, which has reached 168 hospitals, contributing to a projected revenue growth of 9.6% in 2025 [7] Group 1: Facility and Services - The Rehabilitation Hospital of Fort Myers features modern amenities such as a therapy gym, dialysis unit, and private patient rooms, aimed at enhancing patient recovery [3] - Patients will receive at least three hours of intensive therapy five days a week, along with 24-hour nursing support, which is expected to improve health outcomes in the region [4] Group 2: Strategic Partnerships and Expansion - The partnership with Lee Health is part of EHC's strategy to strengthen its presence in Florida, with the Fort Myers hospital being its 22nd facility in the state [5] - EHC has plans for further expansion, including a new 50-bed rehabilitation hospital in Apollo Beach, FL [5] Group 3: Financial Performance - EHC reported a 10.6% year-over-year revenue increase in Q1 2025, with management estimating operating revenues between $5.85 billion and $5.925 billion for the year [7] - The company's share price has increased by 42.6% over the past year, significantly outperforming the industry average of 5.7% [8]