Last10K.com

Encompass Health Corp (EHC) SEC Filing 10-K Annual Report for the fiscal year ending Sunday, December 31, 2023

SEC Filings

EHC Valuations

Intrinsic Value
Financial Stability
Financial Ratios
Insider Trades
Manager Portfolios
Notifications

EHC Annual Reports

  • 10-K Annual Report February 2024
    • 10-K Annual Report February 2023
    10-K Annual Report February 2022
    10-K Annual Report February 2021
    10-K Annual Report February 2020
    10-K Annual Report February 2019
    10-K Annual Report February 2018

EHC Quarterly Reports

EHC Corporate News

Encompass Health Corp

HISTORY TOOLS
CIK: 785161 Ticker: EHC
Exhibit 99.1

encompasshealthnewlogoa15a.jpg
Media ContactFebruary 7, 2024
Danielle Hall, 205 970-5912
danielle.hall@encompasshealth.com
Investor Relations Contact
Mark Miller, 205 970-5860
mark.miller@encompasshealth.com

Encompass Health reports results for fourth quarter 2023
and issues 2024 guidance

BIRMINGHAM, Ala. - Encompass Health Corporation (NYSE: EHC), the largest owner and operator of inpatient rehabilitation hospitals in the United States, today reported its results of operations for the fourth quarter ended December 31, 2023.
Summary results
Growth
Q4 2023Q4 2022DollarsPercent
(In Millions, Except Per Share Data)
Net operating revenue$1,246.8 $1,137.3 $109.5 9.6 %
Income from continuing operations attributable to Encompass Health per diluted share
0.94 0.90 0.04 4.4 %
Adjusted earnings per share0.95 0.88 0.07 8.0 %
Cash flows provided by operating activities
201.0 172.2 28.8 16.7 %
Adjusted EBITDA255.0 232.7 22.3 9.6 %
Adjusted free cash flow93.5 46.0 47.5 103.3 %
(Actual Amounts)
Discharges59,24754,7008.3 %
   Same-store discharge growth5.3 %
Net patient revenue per discharge$20,538 $20,347 0.9 %
See attached supplemental information for calculations of non-GAAP measures and reconciliations to their most comparable GAAP measure.
“The fourth quarter was a very strong finish to 2023,” said President and Chief Executive Officer of Encompass Health Mark Tarr. “Strong discharge growth facilitated a fourth quarter increase of 9.6% in net operating revenue and Adjusted EBITDA. For the full year, net operating revenue increased 10.4% and Adjusted EBITDA grew 18.5%. Our value proposition and operating strategy continue to be validated and we remain highly optimistic about the long-term prospects of our business.”



1
The following information was filed by Encompass Health Corp (EHC) on Wednesday, February 7, 2024 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Encompass Health Corp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Encompass Health Corp.

Continue

Assess how Encompass Health Corp's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Encompass Health Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2024 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Legal
Financial
Revenue
M & A
Other
Filter Subcategory:
All
Expense
Cash Flow
Income
Product
Debt
Earnings
Shares
Dividend
Geography
Other
Inside Encompass Health Corp's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover Page
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Shareholders' Equity
Consolidated Statements Of Shareholders' Equity (Parenthetical)
Accounts Receivable
Accounts Receivable (Tables)
Accounts Receivable - Components Of Accounts Receivable (Details)
Business Combinations
Business Combinations (Tables)
Business Combinations - Additional Information (Details)
Business Combinations - Fair Value Of Assets And Liabilities Assumed (Details)
Business Combinations - Net Cash Paid For Acquisition (Details)
Business Combinations - Pro Forma Results Of Operation (Details)
Cash And Marketable Securities
Cash And Marketable Securities (Tables)
Cash And Marketable Securities - Additional Information (Details)
Cash And Marketable Securities - Components Of Investments (Details)
Cash And Marketable Securities - Restricted Cash (Details)
Contingencies And Other Commitments
Contingencies And Other Commitments (Details)
Earnings Per Common Share
Earnings Per Common Share (Tables)
Earnings Per Common Share - Additional Information (Details)
Earnings Per Common Share - Computation Of Basic And Diluted Earnings Per Common Share (Details)
Earnings Per Common Share - Reconciliation Between Basic And Diluted Weighted-Average Common Shares Outstanding (Details)
Employee Benefit Plans
Employee Benefit Plans (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Carrying Amounts And Estimated Fair Values Of Financial Instruments (Details)
Fair Value Measurements - Financial Assets And Liabilities Measured On A Recurring Basis (Details)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (Tables)
Goodwill And Other Intangible Assets - Additional Information (Details)
Goodwill And Other Intangible Assets - Amortization Expense (Details)
Goodwill And Other Intangible Assets - Carrying Amounts Of Goodwill (Details)
Goodwill And Other Intangible Assets - Estimated Future Amortization Expense (Details)
Goodwill And Other Intangible Assets - Other Intangible Assets (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Additional Information (Details)
Income Taxes - Components Of Provision For Income Tax Expense (Details)
Income Taxes - Deferred Tax Asset And Liabilities (Details)
Income Taxes - Reconciliation Of Effective Income Tax Rate (Details)
Insider Trading Arrangements
Leases
Leases (Tables)
Leases - Additional Information (Details)
Leases - Components Of Lease Costs (Details)
Leases - Maturities Of Lease Liabilities (Details)
Leases - Schedule Of Supplemental Balance Sheet Information Related To Leases (Details)
Leases - Schedule Of Weighted Average Remaining Lease Term And Discount Rate (Details)
Leases - Supplemental Cash Flow Information (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Additional Information (Details)
Long-Term Debt - Long-Term Debt Outstanding (Details)
Long-Term Debt - Schedule Of Notes Payable (Details)
Long-Term Debt - Scheduled Principal Payments Due On Long-Term Debt (Details)
Long-Term Debt - Senior Notes Redemption Prices (Details)
Pay Vs Performance Disclosure
Property And Equipment
Property And Equipment (Tables)
Property And Equipment - Additional Information (Details)
Property And Equipment - Components Of Property And Equipment (Details)
Redeemable Noncontrolling Interests
Redeemable Noncontrolling Interests (Tables)
Redeemable Noncontrolling Interests - Reconciliation Of Noncontrolling Interests (Details)
Redeemable Noncontrolling Interests - Redeemable Noncontrolling Interests Activity (Details)
Self-Insured Risks
Self-Insured Risks (Tables)
Self-Insured Risks - Additional Information (Details)
Self-Insured Risks - Changes In Self-Insurance Reserves (Details)
Share-Based Payments
Share-Based Payments (Tables)
Share-Based Payments - Additional Information (Details)
Share-Based Payments - Stock Option Activity (Details)
Share-Based Payments - Summary Of Restricted Stock Awards (Details)
Share-Based Payments - Weighted-Average Assumptions (Details)
Spin Off Of Home Health And Hospice Business
Spin Off Of Home Health And Hospice Business (Tables)
Spin Off Of Home Health And Hospice Business - Additional Information (Details)
Spin Off Of Home Health And Hospice Business- Summary Of Financial Information Related To Discontinued Operations (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Accounts Receivable (Details)
Summary Of Significant Accounting Policies - Additional Information (Details)
Summary Of Significant Accounting Policies - Intangible Asset Useful Lives (Details)
Summary Of Significant Accounting Policies - Net Operating Revenues (Details)
Summary Of Significant Accounting Policies - Pp&Amp;E Useful Lives (Details)
Variable Interest Entities
Variable Interest Entities (Tables)
Variable Interest Entities - Additional Information (Details)
Variable Interest Entities - Carrying Amounts And Classification Of Consolidated Vies (Details)
Ticker: EHC
CIK: 785161
Form Type: 10-K Annual Report
Accession Number: 0000785161-24-000009
Submitted to the SEC: Wed Feb 28 2024 5:05:02 PM EST
Accepted by the SEC: Wed Feb 28 2024
Period: Sunday, December 31, 2023
Industry: Hospitals

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/ehc/0000785161-24-000009.htm