Policy changes, blockbuster mergers and acquisitions, as well as layoffs, closings and caregiver labor debates characterized the home health and hospice sector in 2014. Mounting reimbursement pressures forced some of the nation’s largest provider to shutter operations and lay off hundreds at some locations, while other big players turned to the acquisition market to fuel their […]
Encompass Home Health
HealthSouth Corporation (NYSE: HLS) has agreed to acquire privately held EHHI Holdings, Inc., the owner of Encompass Home Health and Hospice, for approximately $750 million. The transaction has been approved by both companies’ boards and is expected to close before the end of the year, HealthSouth announced Monday. Previously, rumors suggested Cressey & Company, the […]
On the heels of several national home care acquisitions in recent months, Encompass Home Health’s parent company is seeking a buyer for its home health arm, according to a report from the Wall Street Journal. Cressy & Co., the company’s parent, is seeking a purchase price of $700 million, the Wall Street Journal reports, citing three […]
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