Home Health, Hospice Gains Help Drive Encompass Health’s Q4 Revenue

Encompass Health Corporation (NYSE: EHC) posted solid revenue growth in the fourth quarter of 2018, despite an ongoing Department of Justice (DOJ) investigation, continued hurricane recovery efforts and uncertainty about future home health payment changes. Volume growth within the Birmingham, Alabama-based company’s home health and hospice segment was a driving factor in its success. Encompass […]

M&A and Financing Newsflash: LHC Group and St. Mary’s Reach Partnership

LHC Group and St. Mary’s Health Network Purchase St. Mary’s Home Care Services Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and Reno, Nevada-based St. Mary’s Health Network last week announced the finalization of an equity partnership agreement to purchase and share ownership of St. Mary’s Home Care Services, which operates in Nevada. LHC Group and its […]

Encompass Expands in Southeast with Camellia Acquisition

Encompass Health (NYSE: EHC) is acquiring a Mississippi-based in-home care services provider, Camellia Healthcare, and its affiliated entities. Camellia Healthcare operates a portfolio of home health, hospice and private duty locations in Mississippi, Alabama, Louisiana and Tennessee, with revenue of approximately $78 million in 2017. The deal will push Encompass Health, the nation’s fourth largest […]