The application of an exterior complex scaling method to an atomic scattering problem with distinct rearrangement channels is reported. Calculations are performed for positron-hydrogen collisions in an s -wave model employing an electron-positron potential of V12 =- [8+ (r1 - r2) 2] -1/2, using the time-independent propagating exterior complex scaling method. This potential has the correct long-range Coulomb tail of the full problem and the results demonstrate that exterior-complex-scaling-based methods can accurately calculate scattering, ionization,and positronium formation cross sections in this three-body rearrangement collision