Encompass Health announces indefinite closure of Sea Pines Rehabilitation Hospital due to flood damage
Key Highlights
- ➤Sea Pines 90-bed hospital closed indefinitely after substantial flood damage
- ➤Encompass Health reaffirms 2026 revenue guidance of $6,450 million to $6,500 million
- ➤2026 adjusted EBITDA guidance reaffirmed at $1,395 million to $1,415 million
- ➤Sea Pines generated approximately $44 million revenue and $14 million EBITDA through nine months
- ➤Sea Pines remediation expenses and related insurance proceeds excluded from reported non-GAAP measures
Expert Statements
Pat Tuer, Executive vice president and chief operating officer of Encompass Health
“We are enormously grateful for the heroic efforts of our hospital staff and the first responders in ensuring the safety of our patients during this catastrophic weather event.”
Pat Tuer, Executive vice president and chief operating officer of Encompass Health
“Sea Pines has served the greater Melbourne area for more than 40 years, and we are committed to restoring and enhancing our capacity to do so. Reopening Sea Pines is a high priority, and we are currently in discussions with our joint venture partner to determine the best path forward.”
Encompass Health announces indefinite closure of Sea Pines Rehabilitation Hospital due to flood damage PR Newswire
BIRMINGHAM, Ala., and MELBOURNE, Fla., Nov. 6, 2026 /PRNewswire/ -- On Nov. 1-2, 2026, sustained torrential rains led to the flooding, evacuation and closure of Sea Pines Rehabilitation Hospital in Melbourne, Florida ("Sea Pines"). Sea Pines is a 90-bed hospital owned by a joint venture between Encompass Health and Holmes Regional Medical Center (a subsidiary of Health First). All patients were safely evacuated from Sea Pines and were either admitted to another appropriate medical facility or were discharged home. All Sea Pines employees have been accounted for. The flooding resulted in substantial damage to Sea Pines, and the hospital remains closed indefinitely. The joint venture is committed to reopening and continuing the operation of Sea Pines and is evaluating alternatives for refurbishing or replacing the hospital.
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