65.40 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||65.31 x 800|
|Ask||65.33 x 800|
|Day's Range||64.11 - 65.72|
|52 Week Range||56.74 - 82.46|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||21.02|
|Earnings Date||Jul 29, 2019|
|Forward Dividend & Yield||1.08 (1.67%)|
|1y Target Est||78.27|
BIRMINGHAM, Ala. and DALLAS, July 9, 2019 /PRNewswire/ -- Encompass Health Corp. (EHC), a national leader in integrated healthcare services, today announced it completed its previously announced acquisition of privately owned, Birmingham-based Alacare Home Health & Hospice on July 1, 2019. This acquisition adds 23 home health locations and 23 hospice to the Company's Alabama footprint. With the closing of this transaction, Encompass Health, the country's fourth largest provider of Medicare-certified skilled home health services, is now among the top 10 largest hospice providers in the country based on Medicare reimbursements.
BIRMINGHAM, Ala. , July 2, 2019 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it will report results for its second quarter ended June 30, 2019 , after the market closes on July 29, ...
Encompass Health will pay $48 million to resolve allegations that some of its facilities provided inaccurate information to Medicare to maintain their status and to earn a higher rate of reimbursement.
Encompass Health Corp has agreed to pay $48 million to resolve allegations that it violated the False Claims Act, the U.S. Justice Department said on Friday. The settlement resolves allegations in three lawsuits that some of Encompass Health's inpatient rehabilitation facilities provided inaccurate information to the federal Medicare program to maintain their status as an IRF and earn a higher rate of reimbursement, and that some admissions were not medically necessary, the department said. The department said the settlement resolved the allegations without any determination of liability.
BIRMINGHAM, Ala., June 28, 2019 /PRNewswire/ -- Encompass Health Corporation (EHC) ("Encompass Health" or the "Company") today settled a seven-year False Claims Act ("FCA") investigation by the Department of Justice ("DOJ"), together with related qui tam or "whistleblower" lawsuits, for a settlement payment of $48 million. In the settlement, the Company expressly denies any wrongdoing. The Company will not be subject to a Corporate Integrity Agreement ("CIA"). In return for the settlement payment, the Company has received dismissal with prejudice of the pending qui tam claims and DOJ's release of the Company and all its subsidiaries from liability as specified in the settlement agreement for the time period from January 1, 2006 through the date of the agreement.
Encompass Health Corp. has made a minority equity investment in Medalogix, a Nashville-based predictive analytics and data science company for home health and hospice. Medalogix is assisting Encompass Health in preparing for changes to the patient-driven group model, a new home health payment model for Medicare patients expected to take effect in January 2020. “Our core focus right now is helping our clients transition to PDGM. Encompass Health has consistently demonstrated an ability to execute on these types of transformational initiatives, and we are thrilled to enhance our relationship with Encompass Health and make a difference together in the industry.” In 2016, Encompass Health, then HealthSouth, and Medalogix entered into a co-development arrangement.
Comptroller Peter Franchot called on Maryland's pension fund to divest from Alabama because of the state's strict new abortion law.
BIRMINGHAM, Ala., June 24, 2019 /PRNewswire/ -- Encompass Health Corp. (EHC), a leader in integrated healthcare services, today announced it has made a minority equity investment in Medalogix, a leader in predictive analytics and data science for home health and hospice. Medalogix is assisting Encompass Health in preparing for the impending changes to the Patient-Driven Groupings Model, a new home health payment model for Medicare patients expected to take effect Jan. 1, 2020. "Our investment in Medalogix underscores our excitement for working with an innovative, predictive analytics company that shares our standards and dedication to doing what's best for patients.
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Mid-caps stocks, like Encompass Health Corporation (NYSE:EHC) with a market capitalization of US$6.0b, aren’t the...
Encompass Health Corp NYSE:EHCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for EHC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EHC. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding EHC totaled $68.40 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. EHC credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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Asked to name 20 stocks poised to move in the next six months, analysts at UBS tapped an alcoholic-beverages company for a loss and pegged a health-care services provider as the biggest likely gainer.
BIRMINGHAM, Ala. , May 24, 2019 /PRNewswire/ -- Encompass Health (NYSE: EHC) today announced the appointment of Kim Sullivan as chief human resources officer, effective June 10 . "After an extensive ...
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BIRMINGHAM, Ala. , May 9, 2019 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it will participate in the William Blair 39th Annual Growth Stock Conference being held in Chicago on June ...
BIRMINGHAM, Ala., May 6, 2019 /PRNewswire/ -- Encompass Health Corporation (EHC) today issued notice for redemption of $100 million of the outstanding principal balance of its 5.75% senior notes due 2024 (the "2024 Notes"). Pursuant to the terms of the 2024 Notes, this optional partial redemption will be made at a price of 101.917%. The Company plans to use cash on hand and capacity under its revolving credit facility to fund the redemption, which will close on June 7, 2019.
BIRMINGHAM, Ala., May 3, 2019 /PRNewswire/ -- Encompass Health Corporation (EHC) today announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.27 per share, payable on July 15, 2019, to holders of record on July 1, 2019.