Encompass Health raised its 2026 outlook October 28 after reporting third-quarter net operating revenue of $1.6095 billion, up 8.9% from a year earlier.
Income from continuing operations attributable to the company reached $1.51 per diluted share, compared with $1.24 a year earlier. Adjusted earnings were $1.52 a share, up from $1.23. The adjusted figure is a supplemental financial measure.
The results cover the quarter ended September 30. Discharges increased 5.7% to 69,605, while discharges at comparable hospitals rose 3%. Net patient revenue per discharge increased 4% to $22,543.
Chief executive Mark Tarr said the company opened four hospitals with 189 beds and added 85 beds to existing facilities during the first nine months of 2026.
Encompass now expects full-year net operating revenue of $6.45 billion to $6.50 billion, compared with its earlier $6.41 billion to $6.49 billion range. Its adjusted earnings forecast increased to $6.23–$6.37 per share from $6.02–$6.25. Those ranges are management forecasts.
Sources Encompass Health results release: https://www.prnewswire.com/news-releases/encompass-health-reports-results-for-third-quarter-2026-302922661.html