Encompass Health Corporation announced the opening of the Rehabilitation Hospital of Columbus in Columbus, GA. This facility, which will operate through a joint venture between EHC and Piedmont, comprises 40 beds. Apart from this new JV, the company has plans to open another hospital with Piedmont in Athens, GA and has a hospital-in-hospital under construction.
The 40-bed inpatient rehabilitation unit is expected to serve patients with neurological disorders, strokes, brain and spinal cord injuries, amputations and orthopedic conditions. Along with full-day nursing care, different therapies will be provided in the hospital focused on restoring functioning ability, Zack’s reports.
The company expects to meet the increasing needs of patients requiring rehabilitation services by having an active pipeline for de novo projects. It expects to open two de novos and add 31 beds to existing hospitals over the remainder of 2023. Encompass Health raised the 2023 guidance of net operating revenues in the range of $4,750-$4,810 million, the mid-point of which implies growth of 9.9% from the 2022 figure. Read more.
