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Encompass Health Opens Rehabilitation Hospital in Florida
ZACKSยท 2025-07-16 16:05
Core Insights - Encompass Health Corporation (EHC) has opened a new 50-bed inpatient rehabilitation hospital in Daytona Beach, FL, marking its 169th hospital nationwide and 23rd in Florida, demonstrating the company's commitment to expanding access to rehabilitation care [1][8] Group 1: Hospital Features and Services - The Daytona Beach hospital provides specialized rehabilitation services for patients recovering from strokes, brain injuries, amputations, and orthopedic challenges, featuring private patient rooms, a therapy courtyard, an in-house dialysis suite, and dedicated areas for various therapies [2][8] - This facility represents a shift towards decentralized, patient-centered care in post-acute medicine, expected to enhance recovery outcomes and alleviate pressure on general hospitals in the area [3] Group 2: Growth Strategy - The new hospital is part of EHC's broader 2025 growth plan, which includes opening seven new hospitals this year and adding 100-120 beds to existing facilities, thereby strengthening its national presence [4] - EHC has announced plans to construct a freestanding inpatient rehabilitation hospital in North Las Vegas, NV, expected to begin operations by 2028 [4] Group 3: Market Performance - Year-to-date, EHC shares have increased by 16.2%, contrasting with a 1.5% decline in the industry [5]