ENCOMPASS HEALTH CORP - DISCONTINUES 2022 CREDIT AGREEMENT AND SETTLES OUTSTANDING BALANCES - SEC FILING
Credit Agreement Termination: Compass Health Corp has terminated its 2022 credit agreement, signaling a significant financial decision.
Outstanding Amounts Paid Off: The company has successfully paid off outstanding amounts, indicating improved financial stability.
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Credit Agreement Overview: Compass Health Corp has secured a $1 billion revolving credit facility to enhance its financial flexibility.
Additional Credit Facility: The agreement includes a $260 million letter of credit sub-facility, providing further support for operational needs.

Credit Agreement Termination: Compass Health Corp has terminated its 2022 credit agreement, signaling a significant financial decision.
Outstanding Amounts Paid Off: The company has successfully paid off outstanding amounts, indicating improved financial stability.
- New Hospital Opening: Encompass Health has opened a 49-bed rehabilitation hospital in Irmo, South Carolina, now accepting patients and aiming to provide essential rehabilitation services for stroke, brain injury, and other patients to enhance their quality of life.
- Therapeutic Services: The hospital offers a minimum of 15 hours of intensive physical, occupational, and speech therapy weekly, combined with frequent physician visits and 24-hour nursing care, ensuring comprehensive support for patients during their recovery process to accelerate healing.
- Facility Design: The hospital features 49 private patient rooms, a spacious therapy gym, and activities of daily living simulation spaces equipped with advanced rehabilitation technologies, designed to meet diverse patient needs and improve recovery outcomes.
- Regional Impact: This marks Encompass Health's 11th location in South Carolina, highlighting the company's ongoing expansion in the region, which is expected to provide more accessible rehabilitation services to the local community and enhance the company's market competitiveness.
- Conference Participation: Encompass Health will participate in the Barclays Global Healthcare Conference from March 10-12, 2026, with President and CEO Mark Tarr and CFO Doug Coltharp scheduled for a 25-minute fireside chat on March 11, which is expected to attract investor attention and enhance the company's visibility in the healthcare sector.
- Live Broadcast: The fireside chat will be broadcast live on Encompass Health's investor website, ensuring that a wide range of investors can access the latest company updates in real-time, thereby enhancing transparency and fostering investor engagement.
- Company Background: Encompass Health is the largest operator of inpatient rehabilitation hospitals in the U.S., with 173 hospitals across 39 states and Puerto Rico, dedicated to providing high-quality rehabilitative care for patients recovering from major injuries or illnesses, utilizing advanced technology and innovative treatments to maximize recovery outcomes.
- Industry Recognition: The company is recognized as America's Most Awarded Leader in Inpatient Rehabilitation by Newsweek and Statista, and is ranked among Fortune's World's Most Admired Companies and Forbes' America's Best Companies, demonstrating its strong competitive position and excellent reputation in the industry.
- Six Consecutive Years of Recognition: Encompass Health has been named to the Fortune 2026 World's Most Admired Companies list for the sixth consecutive year, highlighting its excellence in patient care and corporate culture, thereby solidifying its reputation in the industry.
- Industry Acknowledgment: The company was also included in Forbes' 2026 America's Best Companies list, indicating its outstanding performance across multiple dimensions such as customer satisfaction, financial performance, and leadership consistency, which enhances investor confidence.
- National Coverage: Encompass Health operates 173 hospitals across 39 states and Puerto Rico, dedicated to providing high-quality rehabilitative care for patients recovering from major injuries or illnesses, utilizing advanced technology and innovative treatments to maximize recovery outcomes.
- Commitment to the Future: CEO Mark Tarr stated that these honors reflect the exceptional work of clinicians and the trust earned from patients, and the company is committed to helping more communities regain independence, showcasing its strategic vision for long-term growth.
- Sixth Consecutive Year: Encompass Health has been named to the Fortune 2026 World's Most Admired Companies list for the sixth consecutive year, highlighting its excellence in patient care, corporate culture, and long-term performance, thereby reinforcing its reputation in the industry.
- Industry Leadership: The company operates 173 hospitals across 39 states and Puerto Rico, utilizing advanced technology and innovative treatment methods to provide high-quality rehabilitative care, ensuring its leadership position in the inpatient rehabilitation sector.
- Comprehensive Evaluation: The inclusion in Forbes' 2026 America's Best Companies list is based on a broad evaluation of thousands of companies, covering metrics such as customer satisfaction, financial performance, and workplace culture, demonstrating the company's outstanding performance across various dimensions.
- Commitment to Future Growth: CEO Mark Tarr stated that these recognitions reflect the exceptional work of clinicians and the trust earned from patients, emphasizing the company's commitment to helping individuals regain independence and its strategic vision for future community expansion.







