Encompass Health Expands Partnership With Piedmont in Georgia

Core Insights - Encompass Health Corporation (EHC) has launched a new 40-bed inpatient rehabilitation facility in Athens, GA, through a joint venture with Piedmont, Georgia's largest healthcare system, reinforcing their long-term partnership [1][2][3] Company Developments - The new facility is designed to assist patients recovering from various medical conditions, providing at least three hours of intensive therapy five days a week, continuous nursing care, and regular physician consultations, which is expected to significantly enhance patient outcomes [2] - EHC currently operates 167 inpatient rehabilitation hospitals across 38 states and Puerto Rico, and the expansion with Piedmont will further establish its presence in Georgia, with future projects including additional hospitals in Loganville, GA [3] - The company is committed to growth, planning to establish seven new hospitals with a total of 340 beds and expand existing facilities by 100 beds by 2025, aiming to open six to 10 new hospitals annually between 2023 and 2027 while adding 80-120 beds each year [4] Market Performance - Shares of Encompass Health have increased by 26.4% over the past year, significantly outperforming the industry growth of 5.5% [5]