Encompass Health Corporation (NYSE: EHC) announced Monday that it has reached a definitive agreement to acquire “substantially all of the assets” of Birmingham, Alabama-based Alacare Home Health & Hospice. Under terms of the deal, Encompass Health will pay $217.5 million for the privately-owned company, SEC filings show. The more than $200 million price tag for […]
BrightSpring adds new clinical, compliance execs BrightSpring Health Services, one of the country’s largest home and community-based health services providers for high-need populations, has hired a new chief clinical officer and a new chief compliance officer. Susan Sender will take the reigns as the company’s chief clinical officer, while Rachael Kurzer Givens has been named […]
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 […]
At some home health care companies, millennials are becoming the majority of the workforce—but younger workers make up just 16% of the direct care workforce overall. That’s according to data from PHI, a worker advocacy organization focused on the direct care workforce. The organization analyzed U.S. Census Bureau data to produce the fact sheet “Younger […]
HealthSouth Corporation is ushering in the new year by officially completing the change to its new moniker: Encompass Health Corporation. The planned name change took effect at stock market open Tuesday morning. In addition, the Birmingham, Alabama-based provider of home-based care and operator of inpatient rehabilitation hospitals has officially changed its New York Stock Exchange […]
HealthSouth Corporation (NYSE: HLS) announced today that it will change its name to Encompass Health Corporation, after acquiring Encompass Home Health and Hospice for $750 Million in November 2014. In addition to the name change, effective January 2, 2018, the company will also change its NYSE ticker symbol from “HLS” to “EHC.” “This name change and […]
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