Beyond the Tech Giants: 35 Non-Tech AI Opportunities

18. Encompass Health Corporation (NYSE:EHC)

Number of Hedge Fund Holders: 39 

Encompass Health Corporation (NYSE:EHC) provides post-acute healthcare services in the United States and Puerto Rico. The healthcare firm uses AI to enhance patient care, particularly in inpatient rehabilitation hospitals. It has developed AI models to predict patient outcomes and support clinical decision-making. These models help identify patients at risk for hospital readmission, acute care transfers, and falls during their rehabilitation stays. For example, the Readmission Prevention Program of the company uses AI to analyze clinical data and alert clinicians when a patient is at high risk of readmission, allowing for timely interventions. The company also plans to expand AI applications in areas like clinical documentation and HR processes to improve efficiency and reduce administrative burdens.

Encompass Health Corporation (NYSE:EHC) has grabbed the attention of Wall Street analysts. Truist recently raised the price target on the stock to $104 from $100 and kept a Buy rating. In an investor note, the advisory cited upbeat management meetings that highlighted solid core trends and the sizable untapped market opportunity, backing the firm for continued strong demand and attractive long-term volume tailwinds.