BIRMINGHAM, Ala. and WESLEY CHAPEL, Fla., Nov. 4, 2024
/PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today
announced preliminary plans to build a freestanding, 50-bed
inpatient rehabilitation hospital in the master planned community
of Wiregrass Ranch in Wesley Chapel,
Florida.
The hospital will serve patients recovering from debilitating
illnesses and injuries, including strokes and other neurological
disorders, brain injuries, spinal cord injuries, amputations and
complex orthopedic conditions. In addition to 24-hour nursing care,
the hospital will offer physical, occupational and speech therapies
to restore functional ability and quality of life. Care will be
provided by highly specialized nurses, therapists and
physicians.
The hospital will feature private patient rooms, a spacious
therapy gym with advanced rehabilitation technologies and an
activities of daily living suite, in-house dialysis suite, dining
room, pharmacy and therapy courtyard.
"We are excited to bring inpatient rehabilitation services to
Wesley Chapel and surrounding
communities," said Lori Bedard,
president of Encompass Health's Southeast region. "The hospital
will provide high-quality, compassionate and individualized care
close to home, helping patients regain the strength and function
needed to return to the community at their highest level of
independence."
The hospital, expected to open in 2027, will be part of
Encompass Health's national network of rehabilitation hospitals and
its ongoing expansion in Florida.
About Encompass Health
Encompass Health (NYSE:
EHC) is the largest owner and operator of rehabilitation hospitals
in the United States. With a
national footprint that includes 165 hospitals in 38 states and
Puerto Rico, the Company provides
high-quality, compassionate rehabilitative care for patients
recovering from a major injury or illness, using advanced
technology and innovative treatments to maximize recovery.
Encompass Health is ranked as one of Fortune's World's Most Admired
Companies and Becker's Hospital Review's 150 Top Places to Work in
Healthcare. For more information, visit encompasshealth.com, or
follow us on our newsroom, Twitter, Instagram and
Facebook.
Forward-Looking Statements
Statements
contained in this press release which are not historical facts,
such as those relating to the likelihood, timing and effects of the
completion of this hospital project, are forward-looking
statements. In addition, Encompass Health may from time to time
make forward-looking public statements concerning the matters
described herein. All such estimates, projections, and
forward-looking information speak only as of the date hereof, and
Encompass Health undertakes no duty to publicly update or revise
such forward-looking information, whether as a result of new
information, future events, or otherwise. Such forward-looking
statements are necessarily estimates based upon current information
and involve a number of risks and uncertainties. Encompass Health's
actual results or events may differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors. While it is impossible to identify all such
factors, factors which could cause actual results or events to
differ materially from those anticipated include, but are not
limited to, the regulatory review and approval process, any adverse
outcome of various lawsuits, claims, and legal or regulatory
proceedings that may be brought by or against the Company; the
possibility this project will experience unexpected delays; the
ability to successfully complete this project consistent with
Encompass Health's growth strategy, including realization of
anticipated revenues and avoidance of unforeseen exposure to
liabilities; disease outbreaks, including the speed, depth,
geographic reach and duration of the spread; the actions to be
taken by Encompass Health in response to disease outbreaks; changes
in the regulation of the healthcare industry at either or both of
the federal and state levels; competitive pressures in the
healthcare industry and Encompass Health's response thereto; the
hospital's ability to maintain proper local, state and federal
licensing; potential disruptions, breaches, or other incidents
affecting the proper operation, availability, or security of
Encompass Health's information systems; Encompass Health's ability
to attract and retain nurses, therapists, and other healthcare
professionals in a highly competitive environment with often severe
staffing shortages and the impact on Encompass Health's labor
expenses from potential union activity and staffing shortages;
changes, delays in (including in connection with resolution of
Medicare payment reviews or appeals), or suspension of
reimbursement for Encompass Health's services by governmental or
private payors; general conditions in the economy and capital
markets; and other factors which may be identified from time to
time in Encompass Health's SEC filings and other public
announcements, including Encompass Health's Form 10-K for the year
ended Dec. 31, 2023 and Form 10-Q for
the quarters ended March 31, 2024,
June 30, 2024, and September 30, 2024.
Media contact:
Polly
Manuel | 205-970-5912
media@encompasshealth.com
Investor Relations contact:
Mark Miller | 205-970-5860
mark.miller@encompasshealth.com
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SOURCE Encompass Health Corp.