Encompass Health

Encompass Health Corporation
FormerlyHealthSouth Corporation
Company typePublic company
IndustryHealthcare
Founded1984; 40 years ago (1984)
FounderRichard M. Scrushy
HeadquartersBirmingham, Alabama, U.S.
Key people
ProductsRehabilitation
Home Health
Hospice
RevenueIncrease US$4.605 billion (2019)
Number of employees
43,400[citation needed] (2019)
Websiteencompasshealth.com

Encompass Health Corporation, based in Birmingham, Alabama, is one of the United States' largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 36 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies.[1] Effective January 2, 2018, the organization changed its name to Encompass Health Corporation and its New York Stock Exchange (NYSE) ticker symbol from HLS to EHC.[2]

In 2003, the U.S. Securities and Exchange Commission took action against the company's CEO, Richard M. Scrushy, who was accused of directing company employees to falsely report company earnings to meet stockholder expectations.[3]

The company currently operates three divisions: inpatient rehabilitation, home health, and hospice. The company formerly operated an outpatient rehabilitation, surgery center and diagnostics division. The company also previously owned and operated several acute care hospitals that specialized in orthopedics, but sold all of those hospitals by 2006. The former outpatient division also operated an occupational medicine division until 2001, when it was sold. HealthSouth also sold its Long-term acute care facilities in May 2011. The long-term hospitals contributed around $200 million in revenue.

  1. ^ "HealthSouth Completes Acquisition Of Encompass Home Health And Hospice - press release". HealthSouth. January 2, 2015.
  2. ^ "HealthSouth Corporation Completes Planned Corporate Name Change To Encompass Health; Company To Begin Trading On NYSE Under Ticker Symbol EHC". January 2, 2018.
  3. ^ Freudenheim, Milt (2004-01-21). "HealthSouth Audit Finds as Much as $4.6 Billion in Fraud". The New York Times. ISSN 0362-4331. Retrieved 2019-03-25.