Addus Gears Up for Growth Push, Hires Former Encompass Health Executive

Addus HomeCare Corporation (Nasdaq: ADUS) announced Wednesday that it has named a new EVP and chief development officer in Cliff Blessing, who had previously served as the EVP of corporate development for Encompass Health’s (NYSE: EHC) home health and hospice business. The move appears to reflect an aggressive M&A strategy for Addus, which was highlighted […]

‘We’re Starting on Third Base’: Encompass Health CFO Shares Spinoff Rationale

Encompass Health Corporation (NYSE: EHC) publicly appears to be moving forward with its plan to separate its $1.1 billion home health and hospice segment into a standalone business. Speaking at the Barclays Global Healthcare Conference, CFO Doug Coltharp offered a new level of transparency and rationale behind that spinoff plan on Wednesday. The update came […]

Enhabit Sale Rumors Raise Questions, Place Potential Buyers at Defining Crossroads

Earlier this week, a report surfaced claiming that Advent International, Aveanna Healthcare Holdings (Nasdaq: AVAH) and at least a few other companies have “expressed interest” in acquiring Enhabit Home Health & Hospice, the $1.1 billion business currently belonging to Encompass Health Corporation (NYSE: EHC). Executives from the Birmingham, Alabama-based Encompass Health have repeatedly stood behind […]

Aveanna, Advent International Reportedly Interested in Buying Encompass Health’s Home Health and Hospice Segment

Months of speculation finally ended in January when Encompass Health Corporation (NYSE: EHC) announced its home health and hospice segment would spin off as Enhabit Home Health & Hospice and become its own publicly traded company. Or so it seemed. At the end of February, Encompass Health opened the “sale or merger” door again, one […]

With Spinoff Underway, Encompass Home Health CEO Barb Jacobsmeyer Looks to Put Staffing Woes in Rearview

Barb Jacobsmeyer’s takeover of Encompass Health’s (NYSE: EHC) home health and hospice segment took place during abnormal times. For starters, she was replacing a former CEO in April Anthony, who originally founded the segment. She also assumed the role in June, six months after Encompass Health had announced it was pursuing “strategic alternatives” for the […]

Transactions: Encompass Health Expands JV; AccentCare Awarded Certificate of Need in DC Market

Encompass Health, Baptist Health South Florida expand JV partnership Encompass Health Corporation (NYSE: EHC) and Baptist Health South Florida have expanded a joint venture agreement to include the Baptist Health home health agency in Miami. Under the joint venture expansion, Encompass Health’s home health services will be added to Miami-Dade and Monroe counties. The partnership […]