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…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Tyler Patchen Source Type: news