BIRMINGHAM, Ala., May 19, 2023
/PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced
it plans to build a freestanding, 50-bed inpatient rehabilitation
hospital in Concordville,
Pennsylvania. The hospital will be located on Baltimore Pike
within Concord Township.
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, dining room, pharmacy and therapy
courtyard.
"We are excited to expand our inpatient rehabilitation services
to Delaware County, as we
identified this as an underserved area," said Pat Tuer, president of Encompass Health's
Northeast region. "The hospital will provide our patients with
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 will become part of Encompass Health's national
network of rehabilitation hospitals, and it will be Encompass
Health's 10th hospital in Pennsylvania.
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 157 hospitals in 37 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 100 Best Companies
to Work For and Modern Healthcare's Best 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, 2022 and Form 10-Q for
the quarter ended March 31,
2023.
Media contact:
Danielle
Hall | 205-970-5912
danielle.hall@encompasshealth.com
Investor Relations contact:
Mark Miller | 205-970-5860
mark.miller@encompasshealth.com
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SOURCE Encompass Health Corp.