There may soon be a major shakeup in the home health and hospice markets. Encompass Health Corp. (NYSE: EHC) announced Tuesday it is “exploring strategic alternatives” for its home health and hospice business, which brought in total segment revenue of $274.5 million in the third quarter of 2020 and $1.09 billion in all of 2019, […]
Hundreds of thousands of dollars’ worth of monthly personal protective equipment (PPE) costs. Nationwide lockdowns of assisted living communities. Continued restrictions on elective surgeries in most markets. These remain just a few of the major pain points that Encompass Health Corp. (NYSE: EHC) and its home health business face amid the COVID-19 pandemic. With 40 […]
Hospital admissions across the U.S. fell dramatically in spring with the onset of the COVID-19 virus. That sudden drop, in turn, caused patient volumes to plummet for home health providers that work primarily with acute referral sources. While hospital admissions rebounded in summer, they remain far below pre-pandemic levels, according to a recently published study […]
Nearly half a year has gone by since the start of the COVID-19 public health emergency. During that time, home health organizations have faced volatile census swings, rising equipment costs, unpredictable staffing situations and a bevy of other challenges. While not all operators have weathered the storm, most have. Now, as the home health landscape […]
Across the U.S., ongoing protests against police violence toward Black Americans and other people of color have caused many companies to take a closer look at issues pertaining to workplace diversity and inclusion. For some companies, this time has been a call to action, with many announcing plans to develop initiatives aimed at addressing inequality […]
Home health providers large and small have had to navigate workforce uncertainty, supply shortages, admissions declines and various other challenges over the past several months. All of those obstacles are tied to the coronavirus, which has turned the home health industry upside down in 2020. Encompass Health Corp. (NYSE: EHC) faced the majority of that […]
The nursing home industry has taken the brunt of the nation’s coronavirus blow, with more than 40% of all U.S. COVID-19 deaths involving skilled nursing facilities (SNFs). Those staggering statistics have prompted fewer seniors to receive care in the setting, both for voluntary reasons and because many SNFs stopped accepting new patients and started discharging […]
Encompass Health Corporation (NYSE: EHC) was flying high at the beginning of the year. Like most other health care organizations, though, COVID-19 threw it off its intended path. But the Birmingham, Alabama-based company is geared up to return to expanding its business in the near-term. It’s also bullish on new opportunities that have popped up […]
Like most in the health care sector, Encompass Health Corporation (NYSE: EHC) took a hit to its business in March as the COVID-19 outbreak intensified. Usually bullish on its near-term home health and hospice projections, the Birmingham, Alabama-based company is now more focused on getting back to a sense of normalcy. Encompass Health leadership detailed […]
Home health care therapy layoffs linked to the Patient-Driven Groupings Model (PDGM) may not be as widespread as most industry insiders feared, new findings suggest. But 2020 is still young — and there’s no telling what the rest of the year will bring for the industry’s physical, occupational and speech therapists now that the coronavirus […]
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