Encompass Health to Expand with 50-Bed Rehabilitation Hospital in North Las Vegas: Strengthening Healthcare Outcomes in the Las Vegas Region

Encompass Health Corporation (EHC) recently announced plans to construct a 50-bed freestanding inpatient rehabilitation hospital in North Las Vegas, NV. The facility is expected to commence operations by 2028 and will offer private patient rooms, a modern therapy gym equipped with advanced rehabilitation technologies, and specialized spaces such as a daily living suite and an in-house dialysis unit. The hospital will provide comprehensive rehabilitative services, including round-the-clock nursing care, as well as physical, occupational, and speech therapy. The care team will include highly trained physicians, therapists, and nurses to ensure speedy recovery for patients suffering from a range of serious health conditions. Encompass Health's motive behind this expansion is to enhance healthcare outcomes in the Las Vegas region and reinforce its presence throughout Nevada, where it already operates three other facilities. These efforts are driven by the sustained need for comprehensive rehabilitation services across various U.S. communities. The company's growth strategy includes both independently developed facilities and partnerships with regional healthcare providers to gain deeper insights into the unique healthcare needs of different regions. Encompass Health's latest addition to its hospital portfolio is the Rehabilitation Hospital of Fort Myers, built in partnership with Lee Health to provide high-quality rehabilitation services across Florida. Shares of Encompass Health have gained 41.8% in the past year compared with the industry's 3.6% growth. EHC currently sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the Medical space include Integer Holdings Corporation (ITGR), Align Technology, Inc. (ALGN), and BioLife Solutions, Inc. (BLFS), each currently sporting a Zacks Rank of 1. In summary, Encompass Health Corporation's expansion plans reflect its commitment to enhancing healthcare outcomes and serving an expanding patient population. With its strong financial performance and positive industry outlook, EHC is well-positioned for continued growth and success. For more information on Encompass Health Corporation and other top-ranked stocks in the Medical space, visit Zacks Investment Research.