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ubs raises price target for encompass health maintaining buy rating
UBS has raised its price target for Encompass Health Corporation from $117 to $130 while maintaining a Buy rating. The company operates 161 inpatient rehabilitation hospitals across 37 states and Puerto Rico, providing specialized care for patients with cognitive disabilities, strokes, and COVID-19 recovery.
deutsche bank raises price target for encompass health to 130 dollars
Deutsche Bank has increased its price target for Encompass Health Corporation from $118 to $130 while maintaining a Buy rating. Encompass Health operates 161 inpatient rehabilitation hospitals across 37 states and Puerto Rico, providing specialized care for patients with cognitive disabilities, strokes, and COVID-19 recovery needs.
Home Healthcare Market Set for Rapid Growth Driven by Aging Population
The home healthcare market is projected to grow from $349.02 billion in 2023 to $571.64 billion by 2028, driven by an aging population and advancements in remote care technology. Key trends include the integration of IoT devices and a focus on chronic disease management, enhancing patient outcomes and reducing hospital visits. Major players in the market include Apple Inc., CVS Health, and McKesson Corporation, among others.
global home healthcare market projected to reach 571 billion by 2028
The global home healthcare market is projected to grow significantly, reaching $571.64 billion by 2028, with a CAGR of 10.5%. This growth is driven by factors such as an aging population, chronic illnesses, and a shift towards home-based care. North America currently leads the market, while Asia-Pacific is expected to be the fastest-growing region.
outpatient and home healthcare industry embraces digital transformation and innovation
The outpatient and home healthcare industry is rapidly evolving, driven by a shift towards digital healthcare and telemedicine, with the global home healthcare market projected to grow from $373.56 billion in 2023 to $1,469.92 billion by 2033 at a CAGR of 14.8%. Companies like Quest Diagnostics, Encompass Health, Amedisys, and Addus HomeCare are well-positioned to benefit from this trend, as innovation and technology adoption continue to reshape service delivery amidst rising healthcare costs. The focus on cost-effectiveness and value-based care models further enhances the industry's growth prospects.
comprehensive analysis of home healthcare market trends and future growth prospects
Coherent Market Insights offers extensive market intelligence, focusing on the Home Healthcare Market with over 15 key indicators. The report analyzes market trends, drivers, and challenges, providing insights into product segmentation and regional growth forecasts through 2031. Key players and competitive strategies are also examined, aiding stakeholders in informed decision-making.
universal health services shows strong growth potential and solid financial performance
Universal Health Services, Inc. (UHS) reported strong financial results, with Q2 revenue of $3.91 billion, exceeding estimates, and a notable 10.1% year-over-year increase. The company has raised its annual revenue forecast to between $15.56 billion and $15.75 billion, reflecting robust growth prospects and solid profitability metrics, including a trailing-12-month EBIT margin significantly above the industry average. UHS holds an overall POWR Rating of A, indicating strong buy potential, and has consistently surpassed analyst expectations in recent quarters.
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