Encompass Health posts lower 2Q profit, but patient volumes rebounding

Profits declined at Encompass Health Corp. in the second quarter, compared to a year ago, but the company said businesses has accelerated after hitting a low point in April due to the pandemic. The company posted $49.3 million in net income in the second quarter, which was down from $110.9 million a year ago as the company, like many other health providers, saw a decline in patient volumes due to the pandemic. “Our patient volumes in both business segments have substantially rebounde d from the…
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