Encompass Health announces indefinite closure of Sea Pines Rehabilitation Hospital due to flood damage

(NYSE:EHC) Encompass Health announced that on November 1-2, 2026, sustained torrential rains caused flooding, evacuation, and closure of Sea Pines Rehabilitation Hospital in Melbourne, Florida. Sea Pines is a 90-bed hospital owned by a joint venture between Encompass Health and Holmes Regional Medical Center, a subsidiary of Health First. All patients were safely evacuated and either admitted to other medical facilities or discharged home, and all employees have been accounted for. The flooding resulted in substantial damage to Sea Pines, and the hospital remains closed indefinitely. The joint venture is committed to reopening Sea Pines and is evaluating alternatives for refurbishing or replacing the hospital. Pat Tuer, Encompass Health executive vice president and chief operating officer, expressed gratitude for the efforts of hospital staff and first responders and emphasized the company's commitment to restoring and enhancing service in the Melbourne area. During the closure, Sea Pines will incur expenses related to remediation and will continue to incur certain operating expenses. Encompass Health stated that these expenses, as well as any related insurance proceeds, will be excluded from its reported non-GAAP measures. The company reaffirmed its Full-Year 2026 Guidance provided on October 28, 2026, with net operating revenue projected between $6,450 million and $6,500 million, adjusted EBITDA between $1,395 million and $1,415 million, and adjusted earnings per share from continuing operations attributable to Encompass Health between $6.23 and $6.37. For the first nine months of 2026, Sea Pines had net operating revenue of approximately $44 million, contributed approximately $14 million to adjusted EBITDA, and recorded 1,876 total discharges. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with 179 hospitals in 39 states and Puerto Rico. The company is recognized by Newsweek, Fortune, Forbes, Becker's Healthcare, and Modern Healthcare for its leadership and as a top healthcare employer.

Encompass Health expands in Fort Bend County, Texas, with second small-format hospital in Houston area

(NYSE:EHC) Encompass Health Corp. announced plans to expand inpatient rehabilitation capacity in Fort Bend County with a new project in Richmond, Texas. The new hospital will be the company's second small-format inpatient rehabilitation hospital announced and the second serving the greater Houston area, with another small-format project in Conroe. The Richmond facility will have 24 beds and will operate as a satellite location of Encompass Health Rehabilitation Hospital of Sugar Land. The hospital is expected to open in 2028. The facility will provide specialized inpatient rehabilitation care to patients in Richmond and surrounding communities. Patients will receive 24-hour nursing care and physical, occupational, and speech therapy from an interdisciplinary team of specialized nurses, therapists, and physicians. The hospital will serve patients recovering from major illnesses and injuries, including stroke, neurological conditions, brain and spinal cord injuries, amputations, and complex orthopedic conditions. Craig Funk, Encompass Health group president, stated that the greater Houston area continues to experience significant growth and emphasized the company's commitment to ensuring access to high-quality inpatient rehabilitation care. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States. The company has a national footprint that includes 179 hospitals in 39 states and Puerto Rico. Encompass Health is recognized by Newsweek as America's Most Awarded Leader in Inpatient Rehabilitation. The company is ranked among Fortune's World's Most Admired Companies™ and Forbes' America's Best Companies. Encompass Health is also recognized by Becker's Healthcare and Modern Healthcare as a top healthcare employer.

Encompass Health declares dividend on common stock

(NYSE:EHC) Encompass Health Corp. announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.21 per share. The dividend is payable on January 15, 2027, to shareholders of record as of January 4, 2027. Encompass Health is described as the largest owner and operator of inpatient rehabilitation hospitals in the United States. The company operates 178 hospitals across 39 states and Puerto Rico. Encompass Health provides rehabilitative care for patients recovering from major injuries or illnesses, utilizing advanced technology and innovative treatments. The company has been recognized by Newsweek as America's Most Awarded Leader in Inpatient Rehabilitation. Encompass Health is ranked among Fortune's World's Most Admired Companies™ and Forbes' America's Best Companies. The company is also recognized by Becker's Healthcare and Modern Healthcare as a top healthcare employer. The announcement notes that statements regarding the timing and amounts of dividends are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that actual events or results may differ materially from those anticipated in forward-looking statements due to various factors, including decisions by the board of directors, legal and regulatory developments, economic and capital market conditions, compliance with healthcare regulations, information system security, and changes or delays in reimbursement for services. Reference is made to Encompass Health's SEC filings, including Form 10-K for the year ended December 31, 2025, and Form 10-Q for the quarters ended March 31, 2026, and June 30, 2026.

Encompass Health prices private offering of additional 5.875% senior notes due 2034

(NYSE: EHC) Encompass Health Corp. announced the pricing of a private offering of an additional $100 million in aggregate principal amount of its 5.875% senior notes due 2034 at a price of 98.75% of the principal amount. The Additional Notes will constitute a reopening of the Company's 5.875% senior notes maturing in 2034 originally issued in May 2026 and will be treated as the same class as, and will have the same terms as, the Existing Notes. The Company will pay interest on the Additional Notes semiannually in arrears on June 1 and Dec. 1 of each year, beginning on Dec. 1, 2026. The Additional Notes will be jointly and severally guaranteed on a senior unsecured basis by all of its existing and future subsidiaries that guarantee borrowings under the Company's credit agreement and other capital markets debt. This offering is expected to close on August 13, 2026, subject to customary closing conditions. The Company intends to use the net proceeds from the offering of the Additional Notes, together with cash on hand, to repay outstanding amounts under the Company's senior secured revolving credit facility. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint that includes 176 hospitals in 39 states and Puerto Rico.

Encompass Health reports results for second quarter 2026

(NYSE: EHC) Encompass Health Corporation announced an increase in its common stock repurchase authorization to $1 billion and reported net operating revenue of $1,597.4 million for the second quarter ended June 30, 2026. The company achieved Adjusted EBITDA of $348.0 million, income from continuing operations attributable to Encompass Health per diluted share of $1.55, and adjusted earnings per share of $1.55 for Q2 2026. Discharges for the quarter totaled 68,895, with same-store discharge growth of 2.8% and net patient revenue per discharge of $22,521. Cash flows provided by operating activities were $282.6 million, and adjusted free cash flow was $177.0 million for Q2 2026. The company increased its full-year 2026 guidance, with updated net operating revenue guidance of $6,410 to $6,490 million, Adjusted EBITDA guidance of $1,365 to $1,395 million, and adjusted earnings per share guidance of $6.02 to $6.25. The company repurchased $145.8 million of its common stock year to date and had approximately $188 million remaining under the prior authorization as of June 30, 2026.

Encompass Health increases and declares dividend on common stock

(NYSE: EHC) Encompass Health Corp. announced that its board of directors approved an increase of $0.02 in the Company's quarterly dividend and declared a quarterly cash dividend on its common stock of $0.21 per share. The dividend is payable on Oct. 15, 2026, to holders of record on Oct. 1, 2026. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint that includes 176 hospitals in 39 states and Puerto Rico. The company is recognized by Newsweek as America's Most Awarded Leader in Inpatient Rehabilitation and is ranked among Fortune's World's Most Admired Companies™ and Forbes' America's Best Companies. Encompass Health is also recognized by Becker's Healthcare and Modern Healthcare as a top healthcare employer. The company projects the timing and amounts of dividends as forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. All such estimates, projections, and forward-looking statements speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking statements.

Encompass Health to build 36-bed inpatient rehabilitation hospital in Bridgeport, West Virginia

(NYSE: EHC) Encompass Health Corp. today announced plans to build a freestanding, 36-bed inpatient rehabilitation hospital in Bridgeport, West Virginia.

Encompass Health announces pricing of $500 million of senior notes due 2034 in a private offering

Encompass Health Corp. (NYSE: EHC) announced the pricing of a private offering of $500 million in aggregate principal amount of 5.875% senior notes due 2034 at a price of 100% of the principal amount. The company will pay interest on the notes semiannually, beginning December 1, 2026. Proceeds from the offering, together with available cash, will be used to redeem $400 million of outstanding 4.500% Senior Notes due 2028, repay $100 million under the company's senior secured revolving credit facility, and pay related fees and expenses. The offering is expected to close on May 29, 2026, subject to customary closing conditions. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with 175 hospitals in 39 states and Puerto Rico.

Encompass Health announces private offering of senior notes

Encompass Health Corp. (NYSE: EHC) announced it has commenced a private offering of $500 million in aggregate principal amount of senior notes maturing in 2034. The company intends to use the net proceeds, along with available cash, to redeem $400 million of its outstanding 4.500% Senior Notes due 2028, repay $100 million under its senior secured revolving credit facility, and pay related fees and expenses. The Notes will be guaranteed by all existing and future subsidiaries that guarantee borrowings under the company's credit agreement and other capital markets debt. The offering is subject to market and other conditions and is only available to qualified institutional buyers and certain non-U.S. persons.

Encompass Health announces plans to build a 50-bed inpatient rehabilitation hospital in Post Falls, Idaho

Encompass Health Corp. (NYSE: EHC) 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 and is expected to open in 2028. This will be the company's second location in Idaho, joining its existing hospital in Boise. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with a national footprint that includes 175 hospitals in 39 states and Puerto Rico. The announcement highlights the company's continued expansion and commitment to providing high-quality rehabilitative care.

Encompass Health Corp. (NYSE: EHC) announced that its board of directors has declared a quarterly cash dividend of $0.19 per share on its common stock. The dividend is payable on July 15, 2026, to holders of record on July 1, 2026. Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, with 175 hospitals in 39 states and Puerto Rico. The company is recognized by Newsweek, Statista, Fortune, Forbes, and Becker's Healthcare for its leadership and workplace excellence. This announcement provides investors with information on the company's dividend policy and its continued recognition in the healthcare sector.

Encompass Health reports results for first quarter 2026

Encompass Health Corporation (NYSE: EHC), the largest owner and operator of inpatient rehabilitation hospitals in the United States, reported its first quarter 2026 results, showing strong growth in revenue and earnings. Net operating revenue for Q1 2026 was $1,586.6 million, up 9.0% from Q1 2025, and Adjusted EBITDA increased by 11.2% to $348.8 million. The company opened a new 49-bed hospital in Irmo, South Carolina, and added 44 beds across existing facilities. Encompass Health increased its full-year 2026 guidance, now expecting net operating revenue of $6,375 to $6,470 million and Adjusted EBITDA of $1,350 to $1,380 million. These results and guidance increases reflect the company's continued expansion and optimism about its long-term prospects.

Encompass Health and Cookeville Regional Medical Center announce plans to build a 40-bed inpatient rehabilitation hospital in Cookeville, Tennessee

Encompass Health Corp. (NYSE: EHC) and Cookeville Regional Medical Center announced plans to build a freestanding, 40‑bed inpatient rehabilitation hospital on the Cookeville Regional Medical Center campus. The announcement was made on April 22, 2026. The new hospital will be located in Cookeville, Tenn. This development is significant for investors as it represents an expansion of Encompass Health Corp.'s inpatient rehabilitation services and partnership with a regional medical center.