BrightSpring adds new clinical, compliance execs BrightSpring Health Services, one of the country’s largest home and community-based health services providers for high-need populations, has hired a new chief clinical officer and a new chief compliance officer. Susan Sender will take the reigns as the company’s chief clinical officer, while Rachael Kurzer Givens has been named […]
HealthSouth Corporation
HealthSouth Corporation is ushering in the new year by officially completing the change to its new moniker: Encompass Health Corporation. The planned name change took effect at stock market open Tuesday morning. In addition, the Birmingham, Alabama-based provider of home-based care and operator of inpatient rehabilitation hospitals has officially changed its New York Stock Exchange […]
HealthSouth Corporation (NYSE: HLS) announced today that it will change its name to Encompass Health Corporation, after acquiring Encompass Home Health and Hospice for $750 Million in November 2014. In addition to the name change, effective January 2, 2018, the company will also change its NYSE ticker symbol from “HLS” to “EHC.” “This name change and […]
One of the nation’s largest providers of post-acute health care services is “back on track” with its earnings after a less-than-stellar ending to 2015, according to the company’s executives. HealthSouth Corporation (NYSE: HLS) seems to have found its footing after numerous acquisitions and aggressive expansion within the home health sector, reporting strong volume and revenue growth […]
Merger and acquisition activity within the home health sector surged in 2015, and industry professionals predict a robust year ahead, as well. Property valuations may be preventing some major players from completing desired deals, though, and word is that pricing has yet to reach a peak. Months after one of the nation’s largest home health and […]
Partnership for Medicaid Home-Based Care Announces Additional Founding Members and Board of Directors The Partnership for Medicaid Home-Based Care announced that Centene and All Metro have joined as founding members of the partnership. The partnership is a group of national home care provider organizations looking to advance the delivery and integrity of high-quality, cost-effective Medicaid home-based […]
Editor’s note: Home Health Care News will be observing the Labor Day holiday Monday, September 7, but we will return to our normal posting schedule Tuesday, September 8. In the meantime, all of us here at HHCN would like to wish our readers a safe and enjoyable Labor Day weekend! In case you missed them, […]
HealthSouth Corporation (NYSE: HLS) has further expanded its portfolio, acquiring the home health agency operations of CareSouth Health System, Inc. for $170 million in cash and merging them with those of Encompass Home Health, the national operator announced Monday. Along with the acquisition, the national home health, post-acute and senior living services provider CareSouth retains […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Linda Rhodes Joins Care Angel as Chief Caregiving Officer Care Angel has announced that Dr. Linda Rhodes, former Secretary […]
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 […]
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