Company: EHC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000785161-25-000009
Chunk: 131

Company: Encompass Health Corp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 2
Chunk 131
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40 — — 1 1 Ohio260 2 1 1 4 Oklahoma100 1 1 — 2 Pennsylvania673 5 — 4 9 Puerto Rico*75 — — 2 2 Rhode Island*50 1 — — 1 South Carolina505 4 4 1 9 South Dakota40 1 — — 1 Tennessee*566 7 3 — 10 Texas1,882 15 3 10 28 Utah84 1 — — 1 Virginia*297 2 1 3 6 West Virginia*272 2 2 — 4 Wisconsin56 1 — — 1  11,094 98 32 36 166 

*  Hospital certificate of need state or U.S. territory.

46

(1)    The inpatient rehabilitation hospital in Augusta, Georgia is party to an industrial development bond financing that reduces the ad valorem taxes payable by the hospital. In connection with this bond structure, title to the related property is held by the local development authority. We lease the related hospital property and hold the bonds issued by that authority, the payment on which equals the amount payable under the lease. We may terminate the bond financing and the associated lease at any time at our option without penalty, and fee title to the hospital property will return to us.

Our principal executive office, hospitals, and other properties are suitable for their respective uses and are, in all material respects, adequate for our present needs. Information regarding the utilization of our licensed beds and other operating statistics can be found in Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations.