Encompass Health Corp. (NYSE: EHC) has recently announced the appointment of Cain A. Hayes to its board of directors. Hayes brings a wealth of experience from the health care, strategic leadership, human capital management, risk management, and governmental regulation sectors. His background includes serving as the president and chief executive officer of Point32Health, Inc., a top-20 U.S. health plan, and holding executive positions with prominent financial services companies such as Aetna and Nationwide.
Encompass Health's board chairman, Greg Carmichael, expressed confidence in Hayes' payor perspective and experience, emphasizing the value of his expertise in the highly regulated insurance and financial services industries. Hayes also conveyed his enthusiasm about joining the Encompass Health board, highlighting the company's recognized leadership in the health care industry and its commitment to delivering high-quality, cost-effective post-acute care.
Encompass Health's footprint spans 173 hospitals in 39 states and Puerto Rico, making it the largest owner and operator of inpatient rehabilitation hospitals in the United States. The company's focus on providing high-quality, compassionate rehabilitative care using advanced technology and innovative treatments has earned it recognition as America’s most awarded leader in inpatient rehabilitation by Newsweek and Statista. Additionally, Encompass Health has been ranked among Fortune's World’s Most Admired Companies™ and Forbes’ America’s Best Companies.
With the addition of Cain A. Hayes to its board of directors, Encompass Health aims to leverage his expertise to further its strategic direction and build long-term value for its stockholders. Following these announcements, the company's shares moved -2.24%, and are now trading at a price of $100.50. For the full picture, make sure to review Encompass Health Corp's 8-K report.
