5 Best Medical Care Facilities Stocks to Buy According to Analysts

4. Encompass Health Corporation (NYSE:EHC)

Encompass Health Corporation (NYSE:EHC) is one of the best medical care facilities stocks to buy according to analysts. Analysts see about 32.0% average upside, and the company is one of the purest medical facility operators on the list because of its focus on inpatient rehabilitation hospitals. On June 26, the New Haven Register reported that Encompass Health’s proposed $69.5 million inpatient rehabilitation facility in Branford, Connecticut received a generally favorable reception at a Planning and Zoning Commission public hearing, although the vote was continued to July 9 while officials sought more information.

The proposed facility would be built in phases, starting with 50 beds and potentially expanding to 80 beds with an additional gym area. The article also noted that the project still requires Certificate of Need approval from Connecticut’s Office of Health Strategy. This is not a done deal, but it is relevant because it shows Encompass Health continuing to pursue capacity growth in specialized post-acute care.

Encompass Health Corporation (NYSE:EHC) owns and operates inpatient rehabilitation hospitals that serve patients recovering from strokes, injuries, surgeries, and complex medical conditions.