Core Insights - Encompass Health Corporation reported strong financial results for Q3 2025, with net operating revenue increasing by 9.4% year-over-year to $1,477.5 million, and adjusted earnings per share rising by 19.4% to $1.23 [2][3] - The company has increased its full-year guidance for 2025, projecting net operating revenue between $5,905 million and $5,955 million, and adjusted EBITDA between $1,235 million and $1,255 million [4] Financial Performance - Net operating revenue for Q3 2025 was $1,477.5 million, compared to $1,351.0 million in Q3 2024, reflecting a $126.5 million increase [2] - Income from continuing operations attributable to Encompass Health per diluted share was $1.24, up from $1.07, marking a 15.9% increase [2] - Adjusted EBITDA for Q3 2025 was $300.1 million, an increase of 11.4% from $269.3 million in Q3 2024 [2] Operational Highlights - The company opened three new hospitals and added 39 beds to existing facilities during the quarter, enhancing its capacity to serve patients [3] - Encompass Health was recognized as "America's Most Awarded Leader in Inpatient Rehabilitation" for the sixth consecutive year, underscoring its commitment to high-quality patient care [3] Guidance Update - The updated full-year guidance for 2025 includes net operating revenue of $5,905 million to $5,955 million, adjusted EBITDA of $1,235 million to $1,255 million, and adjusted earnings per share from continuing operations of $5.22 to $5.37 [4]

Core Viewpoint - Encompass Health Corp. plans to build a new 40-bed inpatient rehabilitation hospital in Cleveland, Tennessee, expanding its network of rehabilitation facilities to better serve patients in the region [1][4]. Group 1: Hospital Details - The new hospital will focus on patients recovering from serious conditions such as strokes, neurological disorders, brain injuries, spinal cord injuries, amputations, and complex orthopedic issues [2]. - It will provide comprehensive care, including 24-hour nursing, physical, occupational, and speech therapies, delivered by specialized healthcare professionals [2]. - Facilities will include private patient rooms, a therapy gym with advanced rehabilitation technologies, an activities of daily living suite, an in-house dialysis suite, a dining room, a pharmacy, and a therapy courtyard [3]. Group 2: Strategic Importance - The hospital is expected to open in 2026 and will be a satellite location of the Encompass Health Rehabilitation Hospital of Chattanooga, enhancing local access to high-quality rehabilitative care [4]. - The expansion aligns with Encompass Health's strategy to provide compassionate care close to home for patients in Cleveland and surrounding communities [4]. Group 3: Company Overview - Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the U.S., with 169 hospitals across 38 states and Puerto Rico [5]. - The company is recognized for its high-quality rehabilitative care and innovative treatments, earning accolades such as being listed among Fortune's World's Most Admired Companies™ and Forbes' Most Trusted Companies in America [5].