Profile: HealthSouth Corp (HLS)
18 Aug 2017
HealthSouth Corporation (HealthSouth), incorporated on February 22, 1984, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Company manages its operations through segments, including inpatient rehabilitation, and home health and hospice.
The Company is an owner and operator of inpatient rehabilitation hospitals. It provides specialized rehabilitative treatment on both an inpatient and outpatient basis. As of December 31, 2016, the Company operated 123 inpatient rehabilitation hospitals. As of December 31, 2016, the Company managed five inpatient rehabilitation units through management contracts. It provides specialized rehabilitative treatment on both an inpatient and outpatient basis. Its inpatient rehabilitation hospitals provide a higher level of rehabilitative care to patients and the ones recovering from conditions, such as stroke and other neurological disorders, cardiac and pulmonary conditions, brain and spinal cord injuries, complex orthopedic conditions, and amputations.
Home Health and Hospice
The Company offers its home health and hospice services through Encompass Home Health and Hospice business (Encompass). Encompass operates home health and hospice agencies in 25 states, with concentrations in the Southeast, Oklahoma, and Texas. Encompass home health provides a range of Medicare-certified home nursing services to adult patients in need of care. These services include, among others, skilled nursing, physical, occupational and speech therapy, medical social work, and home health aide services. Home health patients are frequently referred to the Company following a stay in an acute care or inpatient rehabilitation hospital or other facility, but many patients are referred from primary care settings and specialty physicians without a preceding inpatient stay. Its patients are typically older adults with two or more chronic conditions and significant functional limitations, and require greater than 10 medications. Its team of registered nurses, licensed practical nurses, physical, speech and occupational therapists, medical social workers, and home health aides work closely with patients and their families to deliver patient-centered care plans focused on their needs and their goals.
Encompass also provides hospice services that include in-home services to terminally ill patients and their families. These services address patients' physical needs, including pain control and symptom management, and provide emotional and spiritual support. Its hospice care teams consist of physicians, nurses, social workers, chaplains, therapists, home health aides, and volunteers.
3660 Grandview Pkwy Ste 200
BIRMINGHAM AL 35243-3332
Company Web Links
- BRIEF-Healthsouth sees 2017 - 2019 adjusted EBITDA CAGR in range 5 pct to 9 pct
- BRIEF-HealthSouth Q2 adj earnings per share $0.71
- BRIEF-Healthsouth corporation and heritage valley health system announce joint venture
- BRIEF-HealthSouth continues to expect FY2017 adjusted EPS from continuing operations of $2.61 to $2.73
- BRIEF-HealthSouth corp and Memorial Hospital at Gulfport launch JV to operate inpatient rehabilitation hospital