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Encompass Health: A Corporate History of Scandal and Recovery

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Episode notes

Encompass Health, originally founded in 1984 as Amcare, is a prominent American medical corporation specializing in inpatient rehabilitative care. Headquartered in Birmingham, Alabama, the organization has undergone several name changes and significant structural shifts, transitioning from a broad outpatient provider to the nation's leader in rehabilitation hospitals. The company’s history is marked by a period of aggressive acquisition-led growth during the 1990s, followed by a major accounting scandal in 2003 that led to the removal of its founding leadership. After successfully navigating a financial turnaround, the firm divested its surgery and diagnostic divisions to focus exclusively on specialized recovery ... 

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Keywords
AlabamaRichardSouthCenterWall StreetPuerto RicoCorporationNew York Stock ExchangeHealth CareMedicalBirminghamScrushyEncompass HealthStanding OvationOxley ActDigital HospitalInpatient RehabilitationAcute CareHome HealthAmcare