Encompass Health is the nation's largest owner and operator of inpatient rehabilitation hospitals, providing specialized care to patients recovering from major injuries or illnesses such as strokes, hip fractures, and neurological disorders who seek to regain functional independence. The company operates numerous facilities across multiple states, staffed with interdisciplinary clinical teams including nurses, physical therapists, and occupational therapists that deliver comprehensive rehabilitation services primarily to patients aged 65 and older, most of whom are admitted from acute-care hospitals following physician referrals. The business generates revenue primarily through fixed per-discharge payments from government programs, particularly Medicare, supplemented by Medicare Advantage, managed care, and Medicaid reimbursement, with revenue composition reflecting the predominantly Medicare-eligible patient base served.