Encompass Health Corporation has opened its 169th inpatient rehabilitation hospital in Daytona Beach, Florida. The 50-bed facility provides specialized rehabilitation services for patients recovering from strokes, brain injuries, amputations, and complex orthopedic challenges. The new hospital is part of the company's 2025 growth plan to expand access to rehabilitation care nationwide. Shares have gained 16.2% year-to-date, outperforming the industry's decline of 1.5%.
Encompass Health Corporation (EHC) has expanded its inpatient rehabilitation services with the opening of its 169th hospital in Daytona Beach, Florida. The new 50-bed facility, Encompass Health Rehabilitation Hospital of Daytona Beach, is located at 1952 N. Williamson Blvd. and offers specialized care for patients recovering from strokes, brain injuries, spinal cord injuries, amputations, and complex orthopedic conditions [1].
The hospital provides a comprehensive range of rehabilitative services, including a minimum of three hours of intensive therapy per week, frequent physician visits, and 24-hour nursing care. State-of-the-art amenities such as private patient rooms, advanced rehabilitation technologies, and an activities of daily living suite are designed to enhance patient recovery and quality of life [2].
Encompass Health's expansion into Daytona Beach is part of a broader strategy to address the growing demand for rehabilitative care, particularly among Florida's aging population. The state is projected to see a 25% increase in residents over 65 by 2030, driving demand for specialized rehabilitation services [3]. The new facility is expected to create 109 jobs and contribute significantly to the local economy.
The opening of the Daytona Beach hospital is part of Encompass Health's 2025 growth plan, which aims to expand access to rehabilitation care nationwide. The company's ability to scale operations efficiently, coupled with its focus on high-margin rehabilitative care, positions it as a compelling investment in the healthcare sector. Encompass Health's stock has gained 16.2% year-to-date, outperforming the industry's decline of 1.5% [3].
Encompass Health's strong operational performance, demonstrated by a 98% occupancy rate across its existing Florida facilities and an EBITDA of $1.19 billion in 2024, further reinforces its investment potential. The company's focus on value-based care and scalable infrastructure suggests a defensive growth play for investors seeking exposure to the healthcare sector's aging boom.
References:
[1] https://www.prnewswire.com/news-releases/encompass-health-rehabilitation-hospital-of-daytona-beach-now-open-in-florida-302505928.html
[2] https://www.marketscreener.com/quote/stock/ENCOMPASS-HEALTH-CORPORAT-39742680/news/Encompass-Health-Announces-the-Opening-of-Encompass-Health-Rehabilitation-Hospital-of-Daytona-Beach-50516449/
[3] https://www.ainvest.com/news/encompass-health-s-florida-expansion-a-strategic-play-on-aging-demands-and-scalable-growth-250710104e2d199af697b90c/
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