The long road that was Encompass Health Corporation’s (NYSE: EHC) journey to finding the right “strategic alternative” for its home health and hospice segment is nearing its end. And while the segment is about to undergo a $13 million to $18 million rebranding as it spins off as Enhabit Home Health & Hospice onto the […]
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 […]
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 […]
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 […]
The home health market is made up of about 9,900 agencies, with businesses ranging in size, service mix and structure. The publicly traded home health companies, in particular, offer a snapshot of the industry in the present – and often a sneak peek at what’s to come. While the names of the publicly traded home […]
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 […]
It has never been more challenging to be a home health operator. At the same time, there has never been more upside. That’s the general census of home health executives as 2021 comes to a close. Looking ahead to next year, many believe unprecedented labor struggles are likely to continue, though technology and the use […]
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 […]
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 […]
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 […]
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