“We are the nation’s largest owner and operator of inpatient rehabilitation hospitals in terms of patients treated and discharged, revenues, and number of hospitals.”
Eerily relevant. Stay tuned for how it is relevant.
“We provide specialized rehabilitative treatment on both an inpatient and outpatient basis. We operate hospitals in 30 states and Puerto Rico, with concentrations in the eastern half of the United States and Texas. In addition to our hospitals, we manage five inpatient rehabilitation units through management contracts.”
A minority stockholder takes on the crooked board of directors at a billion dollar corporation.
The Solid Gold Cadillac (1956)
“Our inpatient rehabilitation hospitals offer specialized rehabilitative care across a wide array of diagnoses and deliver comprehensive, high-quality, costeffectivepatient care services. As participants in the Medicare program, our hospitals must comply with various requirements that are discussed below in the
“Sources of Revenues—Medicare Reimbursement—Inpatient Rehabilitation” section.”
“Substantially all ( 92% ) of the patients we serve are admitted from acute care hospitals following physician referrals for specific acute inpatient rehabilitative care. Most of those patients have experienced significant physical and
cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, and a variety of debilitating neurological conditions, that are generally nondiscretionary in nature and require rehabilitative healthcare services in an inpatient setting. Our teams of highly skilled nurses and physical, occupational, and
speech therapists utilize proven technology and clinical protocols with the objective of restoring our patients’ physical and cognitive abilities. Patient care is provided by nursing and therapy staff as directed by physician orders while case managers monitor each patient’s progress and provide documentation and oversight of patient status, achievement of goals, discharge planning, and functional outcomes. Our hospitals provide a comprehensive interdisciplinary clinical approach to treatment that leads to a higher level of care and superior outcomes.”
In the beginning, there was the Word. The word provided here is an excellent 252 page 10-K document on file with the Securities and Exchange Commission. Produced by high-priced attorneys who write well, the 10-K provides a form of truth serum for patients, like me, who need the services all too often HealthSouth fails to make available for a comprehensive recovery. As both an inpatient four times and a current out-patient, the HealthSouth facility here in Pleasant Gap, PA is beautifully located and filled with skilled and dedicated occupational and physical therapists. Its resources, however, are not being used efficiently to provide badly needed services. Details forthcoming. Meanwhile, enjoy the read. Next year, as a consequence of merger, HealthSouth will be called Encompass. If only…