BIRMINGHAM, Ala. and AUGUSTA, Ga., July 8, 2024
/PRNewswire/ -- Piedmont, the leading healthcare system in the
state of Georgia, and Encompass
Health (NYSE: EHC), the nation's largest owner and operator of
inpatient rehabilitation hospitals, today announced they have
expanded their existing joint venture arrangement to include Walton
Rehabilitation Hospital, in Augusta,
Georgia.
The 70-bed inpatient rehabilitation hospital, located at 1355
Independence Drive, was purchased by Encompass Health in 2013.
Piedmont and Encompass Health's
existing joint venture includes Rehabilitation Hospital of
Newnan, Georgia; Rehabilitation
Hospital of Henry, Georgia;
Regional Rehabilitation Hospital in Phenix City, Alabama; Rehabilitation Hospital
of Columbus, Georgia; and
Rehabilitation Hospital of Atlanta,
Georgia. Piedmont and
Encompass Health have also announced plans to build hospitals in
Athens and Loganville, Georgia.
"We are excited to continue growing our partnership with
Piedmont, a well‑respected
integrated healthcare leader serving Georgia residents for more than a
century," said Ronnie Wagley,
President of Encompass Health's South Atlantic region. "By
leveraging the strengths of both organizations, we look forward to
continuing to serve patients in the Augusta area and providing coordinated,
connected care that meets patients where they are in their
healthcare journeys."
"As a destination for healthcare, Piedmont Augusta treats
patients from across Georgia,"
said Lily Henson, M.D., CEO of
Piedmont's Augusta clinical hub. "By adding Walton
Rehabilitation Hospital to our system, it is now easier for us to
provide the high-quality, patient-centered care and seamlessly
integrated experience for which we are known."
Complementing local acute care services like those provided by
Piedmont, Encompass Health
inpatient rehabilitation hospitals provide essential rehabilitative
services that help patients recovering from strokes, brain
injuries, spinal cord injuries, amputations and complex orthopedic
conditions regain function and independence. Patients receive a
minimum of three hours of intensive therapy for five days each
week, frequent physician visits and 24-hour nursing care.
About Piedmont
Piedmont is empowering Georgians by changing
health care. We continue to fuel Georgia's growth through safe, high-quality
care close to home through an integrated health care system that
provides a hassle-free, unified experience. We are a private,
not-for-profit organization with more than 12,000 donors annually
that for centuries has sought to make a positive difference in
every life we touch in the communities we serve. Across our 1,755
physical locations we care for more than 4 million patients and
serve communities that comprise 85 percent of Georgia's population. This includes 25
hospitals, 72 Piedmont Urgent Care centers, 25 QuickCare locations,
1,875 Piedmont Clinic physician practices and nearly 3,200 Piedmont
Clinic members. Our patients conveniently engage with Piedmont online, as they scheduled more than
612,000 online appointments and over 163,000 virtual visits. With
more than 47,000 care givers we are the largest Georgia-based private employer of Georgians,
who all came for the job, but stayed for the people. In 2024 and
2023, Piedmont has earned
recognition from Newsweek as one of America's Greatest Workplaces
for Diversity and also as one of America's Greatest Workplaces for
Women. In 2022, Forbes ranked Piedmont on its list of the Best Large
Employers in the United States. In
addition, Piedmont provided nearly
$390 million in community benefit
programming and uncompensated care in Fiscal Year 2023.
For more information, or booking your next appointment, visit
piedmont.org.
About Encompass Health
Encompass Health (NYSE: EHC)
is the largest owner and operator of rehabilitation hospitals in
the United States. With a national
footprint that includes 163 hospitals in 37 states and Puerto Rico, the Company provides
high-quality, compassionate rehabilitative care for patients
recovering from a major injury or illness, using advanced
technology and innovative treatments to maximize recovery.
Encompass Health is ranked as one of Fortune's World's Most Admired
Companies and Modern Healthcare's Best Places to Work in
Healthcare. For more information, visit encompasshealth.com, or
follow us on our newsroom, Twitter, Instagram and
Facebook.
Forward-Looking Statements
Statements contained in
this press release which are not historical facts, such as those
relating to the likelihood, timing and effects of the completion of
hospital projects, are forward-looking statements. In addition,
Encompass Health may from time to time make forward-looking public
statements concerning the matters described herein. All such
estimates, projections, and forward-looking information speak only
as of the date made, and Encompass Health undertakes no duty to
publicly update or revise such forward-looking information, whether
as a result of new information, future events, or otherwise. Such
forward-looking statements are necessarily estimates based upon
current information and involve a number of risks and
uncertainties. Encompass Health's actual results or events may
differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors. While it is
impossible to identify all such factors, factors which could cause
actual results or events to differ materially from those
anticipated include, but are not limited to, the regulatory review
and approval process, any adverse outcome of various lawsuits,
claims, and legal or regulatory proceedings that may be brought by
or against the Company; the possibility projects will experience
unexpected delays; the ability to successfully complete projects
consistent with Encompass Health's growth strategy, including
realization of anticipated revenues and avoidance of unforeseen
exposure to liabilities; disease outbreaks, including the speed,
depth, geographic reach and duration of the spread; the actions to
be taken by Encompass Health in response to disease outbreaks;
changes in the regulation of the healthcare industry at either or
both of the federal and state levels; competitive pressures in the
healthcare industry and Encompass Health's response thereto; a
hospital's ability to maintain proper local, state and federal
licensing; potential disruptions, breaches, or other incidents
affecting the proper operation, availability, or security of
Encompass Health's or its partner's information systems; Encompass
Health's ability to attract and retain nurses, therapists, and
other healthcare professionals in a highly competitive environment
with often severe staffing shortages and the impact on Encompass
Health's labor expenses from potential union activity and staffing
shortages; changes, delays in (including in connection with
resolution of Medicare payment reviews or appeals), or suspension
of reimbursement for Encompass Health's services by governmental or
private payors; general conditions in the economy and capital
markets; and other factors which may be identified from time to
time in Encompass Health's SEC filings and other public
announcements, including its Form 10-K for the year ended
Dec. 31, 2023 and Form 10-Q for the
quarter ended Mar. 31, 2024.
Encompass Health contacts:
Media: Polly Manuel | 205 970-5912
polly.manuel@encompasshealth.com
Investor Relations: Mark
Miller | 205 970-5860
mark.miller@encompasshealth.com
Piedmont Healthcare contact:
Media:
John Manasso | 678 234-4012
john.manasso@piedmont.org
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SOURCE Encompass Health Corp.