$120.850
+1.293 (+1.07%)At close
EHC News
EHC Events
Raises FY26 Revenue Outlook to $6.41B-$6.49B
Raises FY26 revenue view to $6.41B-$6.49B from $6.375B-$6.47B, consensus $6.42B. Raises FY26 adjusted EBITDA view to $1.365B-$1.395B from $1.35B-$1.38B.
Company Reports Q2 Revenue of $1.6B, Beating Expectations
Reports Q2 revenue $1.6B, consensus $1.57B. "We are very pleased with our performance for the second quarter, as revenue increased 9.6% and Adjusted EBITDA grew 9.2%," said Mark Tarr, President and Chief Executive Officer. "Through the first half of the year, we have opened three hospitals totaling 139 beds and added 54 beds to existing hospitals. We expect to open five additional hospitals and add more than 100 beds to existing facilities before year end, further increasing access to high-quality inpatient rehabilitation care. Our value proposition and disciplined operating strategy continue to be validated, and we remain highly optimistic about the long-term prospects of our business."
Encompass Health Increases Quarterly Dividend to $0.21
Encompass Health approved an increase of 2c in the company's quarterly dividend and declared a quarterly cash dividend on its common stock of 21c per share, payable on Oct. 15 to holders of record on Oct. 1.
Encompass Health to Build 36-Bed Rehab Hospital in West Virginia
Encompass Health announced plans to build a freestanding, 36-bed inpatient rehabilitation hospital in Bridgeport, West Virginia. The hospital will be an expanded relocation of Encompass Health's former 19-bed unit within the WVU Medicine United Hospital Center.
Encompass Health to Build 50-Bed Rehab Hospital in Idaho
Encompass Health Corp. announced plans to build a freestanding, 50-bed inpatient rehabilitation hospital in Post Falls, Idaho. The hospital will serve patients recovering from debilitating illnesses and injuries, including stroke and other neurological conditions, brain and spinal cord injuries, amputations and complex orthopedic issues. In addition to 24-hour nursing care, the hospital will provide physical, occupational and speech therapies to help patients restore function and improve their quality of life. Care will be delivered by specialized nurses, therapists and physicians. "We're excited to expand Encompass Health's presence in Idaho to serve patients from Post Falls, Coeur d'Alene and surrounding areas," said Kim Steward, president of Encompass Health's West region. "Kootenai County is one of the fastest-growing regions in the state and the nation, and the community is already underserved in inpatient rehabilitation. This hospital will help meet that growing need by bringing high-quality, specialized care closer to home."
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