Encompass Health

Encompass Health

Operates rehabilitation hospitals for post-acute care

Overview

Encompass Health runs more than 160 inpatient rehabilitation hospitals across the United States, providing post-acute healthcare focused on helping patients recover from major events such as strokes, hip fractures, and neurological disorders. Its offerings are built around comprehensive, hands-on rehabilitation services delivered by specialized teams to support recovery after surgery or serious illness. Payment comes from patient services, insurance reimbursements, and healthcare partner arrangements, with employees receiving benefits like medical coverage and a 401(k) match. What sets Encompass Health apart is its large nationwide network dedicated entirely to inpatient rehabilitation and its emphasis on measurable recovery outcomes through advanced rehabilitation techniques. The company’s goal is to improve patient outcomes by delivering focused, high-quality rehabilitation care that supports patients’ return to daily life.

Significant Headcount Growth

About Encompass Health

Simplify's Rating
Why Encompass Health is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Birmingham, Alabama

Founded

1983

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Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $1.6 billion, and Encompass raised full-year guidance.
  • Bangor opened September 2026, and Greenville doubled to 80 beds, adding capacity.
  • CMS's 2027 IRF rule lifts Medicare pricing about 2.3% beginning October 1.

What critics are saying

  • Medicare Advantage pre-authorization denials still block admissions, especially across Encompass's higher-acuity referral base.
  • CMS's RCD review now covers Texas and California hospitals, raising administrative friction in 2026.
  • Medicare supplies 65.8% of revenue; reimbursement resets or MA denial spikes crush margins.

What makes Encompass Health unique

  • Encompass Health operates 177 hospitals across 39 states and Puerto Rico, unmatched in inpatient rehab.
  • Its first small-format Conroe model extends service using existing Woodlands infrastructure and provider number.
  • Clinical ladders cut RN turnover to 17.8%, boosting labor stability and outcomes.

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Funding

Total Funding

$1.2B

Above

Industry Average

Funded Over

5 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 6%

1 year growth

↑ 6%

2 year growth

↑ 6%
Mainebiz
Sep 25th, 2026
Alabama rehab provider cuts ribbon on $61M inpatient rehab hospital in Bangor.

Alabama rehab provider cuts ribbon on $61M inpatient rehab hospital in Bangor. September 25, 2026 Encompass Health Corp. (NYSE: EHC), an inpatient rehabilitation provider based in Birmingham, Ala., cut the ribbon Thursday on a 54,000-square-foot, 50-bed inpatient rehabilitation hospital in Bangor. The nation's largest owner and operator of inpatient rehabilitation hospitals said it expects to open the hospital, at 1017 Union St., to patients in early October. The project cost was approximately $61 million, a spokesperson told Mainebiz. Encompass has a national footprint of 177 facilities in 39 states and Puerto Rico, and over 225,000 patients annually. 'Significant need' The hospital will provide rehabilitative services that aim to help patients recovering from strokes, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions regain function and independence. Patients will receive a minimum of three hours of intensive therapy five days each week, frequent physician visits and 24-hour nursing care. "The advanced level of care we will provide patients is significantly needed in Bangor," said Troy Trejo, Encompass Health Bangor's CEO. Activities suite. Hospital amenities include private patient rooms, a therapy gym with advanced rehabilitation technologies, "activities of daily living" suite, in-house dialysis suite, therapy courtyard, dining room, in-house pharmacy and dayroom areas. An interdisciplinary team of specialized nurses, therapists and physicians will provide physical, occupational and speech therapies to restore functional ability and quality of life. The project team included Chicago architect Perkins & Will and Birmingham, Ala., construction firm Robins & Morton. Hiring has begun, with approximately 160 employees in the first year. Encompass Health Bangor is the company's first wholly owned hospital in Maine. The company has a hospital at 335 Brighton Ave. in Portland, New England Rehabilitation Hospital, which is a joint venture with MaineHealth. - Digital Partners -

PR Newswire
Sep 24th, 2026
Encompass Health launches first small-format hospital model with two Texas projects

Encompass Health is expanding its presence in Montgomery County, Texas, with two hospital projects in the greater Houston area. The company will open its first small-format inpatient rehabilitation hospital in Conroe, a 24-bed facility operating as a satellite of its existing Woodlands hospital, expected to open in late 2027. The small-format model allows Encompass Health to extend care into growing communities whilst leveraging resources from established hospitals. The company also plans to construct a 60-bed replacement hospital on its existing Woodlands campus, featuring all private patient rooms and enhanced amenities, scheduled to open in 2029. Both facilities will provide rehabilitation care for patients recovering from strokes, neurological conditions, brain and spinal cord injuries, and complex orthopaedic conditions. Encompass Health operates 177 hospitals across 39 states and Puerto Rico.

Greenville Journal
Sep 21st, 2026
Encompass Health Greenville completes hospital expansion.

Encompass Health Greenville completes hospital expansion. Encompass Health Rehabilitation Hospital of Greenville celebrated the completion of a major expansion doubling its capacity with a ribbon cutting ceremony Sept. 15. The facility at 3372 Laurens Road has expanded from 40 to 80 beds and serves patients recovering from life-changing medical events. "As Greenville continues to grow, the need for our level of care grows, too," said Joshua Trout, hospital CEO, in a statement about the expansion. "Doubling our capacity means more people who have suffered a stroke, brain or spinal cord injury, amputation or hip fracture will have access to the advanced rehabilitation care they need." The new 40-bed unit is made up of private rooms and adds more than 26,000 square feet to the facility. The addition also includes four day rooms, a nurses' station, and a new family courtyard with walking paths and benches. The project also involved expanding the hospital's therapy gym to accommodate more patients and adding a therapy pavilion, sunshades and walking paths to the therapy courtyard. According to Encompass Health Greenville, the expansion is also expected to create 90 new jobs. The hospital opened in 2021 and provides intensive inpatient rehabilitation therapy for patients recovering from a life-changing illness or injury.

The Business Journals
Sep 18th, 2026
Encompass Health plans Conroe rehab hospital in master-planned community, filing shows.

Encompass Health plans Conroe rehab hospital in master-planned community, filing shows. By Jishnu Nair - Reporter, Houston Business Journal Sep 18, 2026 Updated Sep 18, 2026 5:01pm CDT Preview this article 1 min The Birmingham, Alabama-based company is one of the largest inpatient rehabilitation service providers in the country and has multiple Houston-area locations. Don't Stop Here - Continue Reading For $1 Per Week Secure 4 weeks of award-winning news and trusted insights Subscribe for only $4

Health News Illinois
Sep 18th, 2026
Memorial Health, Encompass seeks state approval for $66.3 million rehabilitation hospital.

Memorial Health, Encompass seeks state approval for $66.3 million rehabilitation hospital. Memorial Health and Encompass Health have asked state regulators to approve plans for a new $66.3 million, 60-bed rehabilitation hospital in Springfield.

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