Encompass Health Announces Preliminary Plans To Build A 60-Bed Inpatient Rehabilitation Hospital In Avondale, Arizona
Portfolio Pulse from Benzinga Newsdesk
Encompass Health Corp. (NYSE:EHC) has announced plans to construct a 60-bed inpatient rehabilitation hospital in Avondale, Arizona, as part of its national network. This facility will cater to patients with severe illnesses and injuries, offering a range of therapies and specialized care. It marks Encompass Health's seventh hospital in Arizona, emphasizing its commitment to providing accessible, high-quality rehabilitation services in Maricopa County.
February 15, 2024 | 9:56 pm
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Encompass Health Corp. announces the construction of a new 60-bed inpatient rehabilitation hospital in Avondale, Arizona, expanding its network and reinforcing its commitment to providing specialized rehabilitation services.
The announcement of a new hospital represents a significant expansion for Encompass Health, likely to be viewed positively by investors as it demonstrates growth and commitment to meeting healthcare needs. The focus on specialized rehabilitation services in a growing area like Maricopa County could lead to increased revenue and market share for EHC, positively impacting its stock price in the short term.
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