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Encompass Health and Lee Healthcare Holdings, LLC announce a collaboration to jointly own and operate two inpatient rehabilitation hospitals in Florida

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BIRMINGHAM, Ala. and FORT MYERS, Fla., Feb. 25, 2022 – Encompass Health Corp. (NYSE: EHC) and Lee Healthcare Holdings, LLC, wholly owned subsidiary of Lee Health, today announced a collaboration to jointly own and operate two new inpatient rehabilitation hospitals in Southwest Florida.

Recently, the Board of Directors of Lee Health approved its investment in this collaboration with Encompass Health.  One of the hospitals will be a 40-bed, freestanding inpatient rehabilitation hospital currently under construction in Cape Coral at 1730 NE Pine Island Road and scheduled to open in May 2022. The other hospital, anticipated to open in 2024, will be a 60-bed, freestanding inpatient rehabilitation hospital located in Fort Myers on Lee Health’s Gulf Coast Medical Center campus. When the Fort Myers hospital opens, Lee Health intends to relocate its existing 60-bed rehabilitation unit at Lee Memorial Hospital to that new hospital.

“We are excited that Lee Health has decided to invest in this venture. Lee Health is a well‑respected healthcare leader that has been serving Florida residents for more than 100 years,” said Mark Tarr, president and chief executive officer for Encompass Health. “Through these inpatient rehabilitation hospitals, we will work to provide patients with coordinated and connected care that meets them where they are in their healthcare journeys and makes a positive difference in their lives.”

“At Lee Health, we are committed to providing our patients with high quality, cost effective care while continuing to innovate healthcare in Southwest Florida,” said Dr. Larry Antonucci, president and chief executive officer of Lee Health. “The landscape of healthcare is constantly evolving and our community is one of the fastest-growing regions in the country. We are excited to invest in the inpatient rehabilitation hospitals that Encompass Health is bringing to our community because they will offer post-acute services to our patients, providing services to best meet the needs of those we serve.”

Complementing local acute care services like those provided by Lee Health, inpatient rehabilitation hospitals serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24‑hour nursing care, the inpatient rehabilitation hospitals offer physical, occupational and speech therapies to restore functional ability and quality of life.

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