Company: EHC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000785161-25-000021
Chunk: 7

Company: Encompass Health Corp
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 7
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 tax expense41.6 38.3 8.6 %Income from continuing operations197.0 140.1 40.6 %Loss from discontinued operations, net of tax(0.5)(1.3)(61.5)%Net income196.5 138.8 41.6 %Less: Net income attributable to noncontrolling interests(45.0)(26.3)71.1 %Net income attributable to Encompass Health$151.5 $112.5 34.7 %

20

Operating Expenses as a % of Net Operating Revenues

 Three Months Ended March 31, 20252024Operating expenses:Salaries and benefits52.4 %54.1 %Other operating expenses14.9 %15.5 %Occupancy costs1.0 %1.1 %Supplies4.3 %4.4 %General and administrative expenses3.6 %3.8 %Depreciation and amortization5.4 %5.3 %Total operating expenses81.7 %84.2 %

Additional information regarding our operating results is as follows:

Three Months Ended March 31,Percentage Change202520242025 vs. 2024(In Millions, Except Percentage Change)Net operating revenues:Inpatient$1,417.7$1,282.710.5 %Outpatient and other37.733.313.2 %Net operating revenues$1,455.4$1,316.010.6 %(Actual Amounts)Discharges64,98561,1116.3 %Net patient revenue per discharge$21,816$20,9903.9 %Outpatient visits19,95529,744(32.9)%Average length of stay (days)12.212.3(0.8)%Occupancy %78.8 %76.7 %2.7 %# of licensed beds11,15910,7813.5 %Occupied beds8,793 8,269 6.3 %Full-time equivalents (FTEs) - internal28,57227,2095.0 %Contract labor FTEs375434(13.6)%Total FTEs*28,94727,6434.7 %Employees per occupied bed3.293.34(1.5)%

*    FTEs included