Home Health Care News April 28, 2022
Encompass Health reported a strong financial first quarter for 2022 despite continued staffing constraints in its home health business.
On Wednesday, Encompass Health reported total revenue of $1.33 billion for Q1 2022, up 8.4% compared to $1.23 billion in Q1 2021. Its home health revenue checked in at $224 million, up 2.3% from $220 million a year ago.
The Birmingham, Alabama-based company’s average daily home health census grew in the first quarter to an all-time high of 7,330 patients. There was a 4.9% growth in home health admissions year over year, though the average cost per visit increased from $77 to $83.
“As was the case for much of 2021, the home health admissions growth we generated in Q1 came...
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