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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Encompass Health Corporation (NYSE: EHC) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-07-23 21:35
Company Overview - Encompass Health Corporation is the largest owner and operator of inpatient rehabilitation hospitals in the U.S., with approximately 166 facilities across 38 states [3] - The company provides intensive post-acute care, including physical, occupational, respiratory, and speech therapy for patients recovering from major illnesses and injuries [3] Allegations of Wrongdoing - An article published by The New York Times on July 15, 2025, raised patient safety concerns at Encompass rehabilitation hospitals, stating that the company owns 34 of the 41 inpatient rehab facilities flagged by Medicare for having "statistically significantly worse rates of potentially preventable readmissions" [4] - Specific incidents mentioned include fatal carbon monoxide poisoning, medication errors, and bed alarm failures [4] Market Reaction - Following the publication of the article, Encompass's stock price fell by $12.39 per share, or 10.35%, closing at $107.28 per share on July 15, 2025 [5]
Encompass Health announces plans to build a 40-bed inpatient rehabilitation hospital in Cleveland, Tennessee
Prnewswire· 2025-07-18 18:00
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].
Kirby McInerney LLP Announces Investigation Against Encompass Health Corporation (EHC) on Behalf of Investors
GlobeNewswire News Room· 2025-07-17 21:30
Core Viewpoint - Encompass Health Corporation is under investigation for potential violations of federal securities laws and unlawful business practices following reports of safety concerns at its rehabilitation hospitals [1][3]. Group 1: Investigation Details - Kirby McInerney LLP is investigating claims against Encompass Health and its officers regarding possible violations of federal securities laws [1]. - The investigation was prompted by a New York Times article that highlighted significant safety issues at Encompass Health's hospitals, including high rates of preventable readmissions and serious operational mistakes [3]. Group 2: Financial Impact - Following the news of the investigation and safety concerns, Encompass Health's stock price fell by $12.39, approximately 10.4%, closing at $107.28 per share on July 15, 2025 [4].
EHC INVESTIGATION ALERT: Investigation Launched into Encompass Health Corporation, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-07-17 01:46
Company Overview - Encompass Health Corporation is the largest owner and operator of inpatient rehabilitation hospitals in the United States [3] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Encompass Health, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1] - The investigation is open to information from investors who may have suffered losses related to Encompass Health [2] Recent Revelations - A New York Times article published on July 15, 2025, reported that Encompass Health accounts for about one in seven rehab facilities nationally, owning 34 of the 41 inpatient rehab facilities rated by Medicare as having statistically significantly worse rates of potentially preventable readmissions for discharged patients [4] - The article also noted that Encompass Health owned 28 of the 87 rehab facilities, with 65 being for-profit, that had worse rates of potentially preventable readmissions to general hospitals during patient stays [4] - Following the publication of this article, Encompass Health's stock price fell by more than 10% [4]
Encompass Health announces date of 2025 second quarter earnings call
Prnewswire· 2025-07-09 20:30
Company Overview - Encompass Health Corp. is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint of 168 hospitals across 38 states and Puerto Rico [3] - The company provides high-quality rehabilitative care for patients recovering from major injuries or illnesses, utilizing advanced technology and innovative treatments to maximize recovery [3] - Encompass Health has received recognition as one of Fortune's World's Most Admired Companies™ and Forbes' Most Trusted Companies in America [3] Upcoming Financial Reporting - Encompass Health will report its second-quarter results for the period ended June 30, 2025, after market close on August 4, 2025 [1] - An investor conference call is scheduled for 10 a.m. ET on August 5, 2025, to discuss the financial results [1] Conference Call Access - The conference call can be accessed by dialing 800-343-4849 for domestic callers and 203-518-9848 for international callers, using the conference ID EHCQ225 [2] - Participants are advised to call approximately 10 minutes before the start of the call to ensure connection [2] - A live webcast and an online replay of the conference call will be available on the company's investor website [2]
Encompass Health announces preliminary plans to build a 50-bed inpatient rehabilitation hospital in North Las Vegas
Prnewswire· 2025-06-18 20:30
Core Points - Encompass Health Corp. plans to build a 50-bed freestanding inpatient rehabilitation hospital in North Las Vegas, Nevada, expected to open by 2028 [1][4] - The hospital will cater to patients recovering from various debilitating conditions, providing specialized nursing care and therapies [2][4] - The facility will include private patient rooms, advanced rehabilitation technologies, and various amenities to enhance patient care [3][4] Company Overview - Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the U.S., with 168 hospitals across 38 states and Puerto Rico [5] - The company is recognized for its high-quality rehabilitative care and has received accolades from Fortune and Forbes for its workplace environment and trustworthiness [5]
Rehabilitation Hospital of Fort Myers now open in Florida
Prnewswire· 2025-05-20 17:05
Core Insights - The Rehabilitation Hospital of Fort Myers aims to provide essential rehabilitative services for patients recovering from various conditions, including strokes and spinal cord injuries, with a focus on regaining function and independence [1] - The hospital features advanced rehabilitation technologies and a comprehensive care approach, including physical, occupational, and speech therapies [2][3] - Encompass Health operates the hospital as part of its extensive network, which includes 168 inpatient rehabilitation hospitals across the United States [4] Company Overview - Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the U.S., with a presence in 38 states and Puerto Rico [4] - The company is recognized for its high-quality rehabilitative care and has received accolades from Fortune and Forbes for its workplace environment and trustworthiness [4] Partnership and Community Impact - The partnership between Encompass Health and Lee Health aims to enhance access to high-quality rehabilitative care in the Fort Myers community [3] - Lee Health has a long-standing history in Southwest Florida, evolving to meet community health needs since 1916 [6]
Encompass Health (EHC) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-05-07 17:00
Core Viewpoint - Encompass Health (EHC) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - For the fiscal year ending December 2025, Encompass Health is expected to earn $4.98 per share, reflecting a 12.4% increase from the previous year, with a 5.5% rise in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions, which positions Encompass Health favorably for potential market-beating returns [9][10].
Encompass Health to participate in BofA Securities 2025 Healthcare Conference
Prnewswire· 2025-04-28 20:30
Company Overview - Encompass Health Corp. is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint of 167 hospitals across 38 states and Puerto Rico [2] - The company provides high-quality rehabilitative care for patients recovering from major injuries or illnesses, utilizing advanced technology and innovative treatments to maximize recovery [2] - Encompass Health has received recognition 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 [2] Upcoming Events - Encompass Health will participate in the BofA Securities 2025 Healthcare Conference from May 13-15, 2025 [1] - Doug Coltharp, Executive Vice President and Chief Financial Officer, will engage in a fireside chat on May 13, 2025, from 8:40-9:10 a.m. PT [1] - The presentation will be available via live webcast at investor.encompasshealth.com [1]
Encompass Health announces promotion of Patrick Tuer to newly established COO position
Prnewswire· 2025-04-24 20:24
Core Viewpoint - Encompass Health Corp. has promoted Patrick Tuer to the newly established position of Chief Operating Officer (COO) to oversee hospital operations, reflecting the company's significant growth and strategic expansion in rehabilitative care [1][2][3] Company Overview - Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint of 167 hospitals across 38 states and Puerto Rico [4] - The company is recognized for providing high-quality rehabilitative care, utilizing advanced technology and innovative treatments to maximize patient recovery [4] Leadership and Strategy - Patrick Tuer's promotion to COO is aimed at enhancing operational success and overseeing the company's expanding portfolio of hospitals, which is integral to the company's strategy of improving access to high-quality rehabilitative care [2][3] - Tuer has a strong background in leadership roles within the healthcare sector, having previously served as group president, regional president, and regional vice president at Encompass Health since 2018 [3] Growth and Development - The company is focused on an accelerated de novo program and capacity additions to existing hospitals, which are key components of its growth strategy [3] - Encompass Health's development pipeline is described as robust, indicating expectations for continued growth in the future [3]