Encompass Health Corp

Encompass Health Corporation (NYSE: EHC) is the largest owner and operator of inpatient rehabilitation hospitals in the United States. As of June 30, 2026, the company operates 176 rehabilitation hospitals across 39 states and Puerto Rico, with 67 of those being joint ventures. The company provides rehabilitative care for patients recovering from major injuries or illnesses such as stroke, traumatic brain injury, spinal cord injury, and hip fractures, using advanced technology and innovative treatments to maximize recovery. Encompass Health generates approximately 65.8% of its revenue from Medicare, 16.2% from Medicare Advantage, and 10.7% from managed care. The company employs approximately 43,300 people and discharged roughly 269,700 patients over the trailing four quarters, generating approximately $6.2 billion in trailing revenue. The company is actively expanding capacity through de novo hospital construction, bed additions to existing facilities, and a new small-format hospital strategy, with 18 inpatient rehabilitation facilities currently under development. Its growth targets for 2023-2027 include 6-10 de novo hospitals per year, 80-120 bed additions per year, and a 6%-8% discharge compound annual growth rate. Updated Aug 5, 2026