[Updated] Encompass Health Moving Forward with Spinoff Plans, to Rebrand New Home Health Business ‘Enhabit’

In December 2020, Encompass Health Corporation (NYSE: EHC) announced that it was “exploring strategic alternatives” for its home health and hospice segment. The company doubled down on its preferred option on Wednesday. The Birmingham, Alabama-based company announced it intends to spin off the segment into a new publicly traded company under the name “Enhabit Home […]

Transactions: Encompass Health Inks New JV; PHMC to Affiliate with VNA of Greater Philadelphia

Encompass Health, Saint Alphonsus announce joint venture Encompass Health Corp. (NYSE: EHC) and Saint Alphonsus Health System are forming a new joint venture in Idaho. The transaction closed on Jan. 1. The new JV includes Saint Alphonsus home health and hospice locations in Boise, Idaho. It also includes the Encompass Health home health and hospice […]

Spinoff or Merger: Making Sense of Encompass Health’s Options

Activist investment firm Jana Partners is reportedly urging Encompass Health Corporation (NYSE: NYSE) to reconsider plans to spin off its home health and hospice segment into a new public entity. Instead, Jana wants the Birmingham, Alabama-based company to circle back to a potential third-party merger. There are hypothetical advantages and disadvantages to both a public […]

Activist Investor Asks Encompass Health to Reconsider Spinoff Plans

An activist investor is reportedly urging Encompass Health Corporation (NYSE: NYSE) to reconsider plans for its large home health and hospice segment. A little over a year ago, the Birmingham, Alabama-based Encompass Health announced it was “exploring strategic alternatives” for its home health and hospice segment, which posted net operating revenues of about $273.9 million […]

Walmart Snags Ochsner Executive; Amedisys Names New Hospice Leader

Walmart’s latest health care hire Walmart has reportedly snagged Dr. David Carmouche from Louisiana-based Ochsner Health to lead its expansion into retail health care. Walmart officially kicked off its health care strategy in 2019 when it opened its first 10,000-square-foot health center in Dallas, Georgia. That initial location even included an on-site connection to home […]

‘Layer Upon Layer of Regulation’: Breaking Down the CMS Vaccination Mandate

Since the Centers for Medicare & Medicaid Services (CMS) released its interim emergency regulation relating to the federal government’s vaccine mandate last Thursday, more clarity has come to the surface. Specifically, CMS has made clear what health care providers are included, what individuals can be exempt and how the mandate will be enforced. What came […]

Nearing a Public Spinoff in 2022, Encompass Health Scrambles to Fix Home Health Staffing Issues

Two days after Encompass Health (NYSE: EHC) filed a lawsuit against its former home health and hospice segment CEO for allegedly violating her non-compete agreement, the company gave a little more insight into what was next for the business. “We’re taking a step further today in saying that we now believe that separating [the home […]