BIRMINGHAM, Ala. and BANGOR, Maine, Dec. 18,
2024 /PRNewswire/ -- Encompass Health Corp.
(NYSE: EHC) today announced preliminary plans to build a
freestanding, 50-bed inpatient rehabilitation hospital to be
located at 1017 Union Street in Bangor,
Maine.
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 expand Encompass Health's presence in
Maine to serve patients in
Bangor and surrounding communities
closer to home," said Encompass Health Group President Pat Tuer. "We look forward to providing
high-quality, compassionate and individualized inpatient
rehabilitative care to help patients reach 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 second hospital in Maine.
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 166 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 development and
maintenance of relationships with referral sources; 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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/encompass-health-announces-preliminary-plans-to-build-a-50-bed-inpatient-rehabilitation-hospital-in-bangor-302334908.html
SOURCE Encompass Health Corp.