Enhabit Begins Mulling Strategic Alternatives, Possible Sale

Enhabit Inc. (NYSE: EHAB) has confirmed that it will begin considering “strategic alternatives” that could include a potential sale or merger. The Dallas-based home health and hospice provider announced today that it had satisfied the conditions of its Tax Matters Agreement (TMA) with its former parent company Encompass Health (NYSE: EHC). Enhabit emerged from the […]

‘Progress Has Not Been Fast Enough’: Enhabit Reveals Plans to Launch Strategic Alternatives Process

Enhabit Inc. (NYSE: EHAB) has announced plans to launch a strategic review process that could result in a potential sale. The consideration marks another move among large home health and hospice providers in the industry. The company is getting ready to explore various transaction options in order to satisfy the terms of its Tax Matters […]

Minority Investor Pushing for Enhabit Sale

A minority investor in Enhabit Inc. (NYSE: EHAB) is urging the hospice and home health provider to consider a “full and fair sale process.” The investor – New York-based hedge fund AREX Capital Management, which holds about 4.5% of the shares of Enhabit – brought up the sale idea in a letter sent to the […]

Enhabit Refocusing on Value-Based Programs, Seeking Hospice Deals

Enhabit, Inc. (NYSE-EHAB) is keeping a close eye on the regulatory and reimbursement landscape as it executes its value-based care growth strategy. The home health and hospice provider last summer placed a focus on expanding its Medicare Advantage (MA) business, forming a payer innovation team focused on strengthening Enhabit’s value proposition to health plans. “This […]

Enhabit Acquires Home Health Agency from Southwest Florida Provider

Enhabit, Inc. (NYSE: EHAB) has acquired Southwest Florida Home Care, Inc.’s home health agency in Fort Myers for an undisclosed sum. The transaction expands Enhabit’s home health footprint in Florida to 22 locations. Acquisitions have been on the menu since day one for Enhabit, which spun off from Encompass Health (NYSE: EHC) in July. The […]

Enhabit Battles Workforce Pressures, Stays Bullish on Hospice M&A

Enhabit Home Health & Hospice (NYSE: EHAB) slowed its growth trajectory during the third quarter due to labor headwinds and some state licensing delays for its de novos. The home health and hospice provider spun off from Encompass Health (NYSE: EHC) in July. The close of Q3 marked the company’s first quarter as a separate […]

Enhabit CDO Jay Duty: Health Care Is Coming Home

Jay Duty, the newly appointed senior vice president and chief corporate development officer of Enhabit Home Health and Hospice (NYSE: EHAB), is spearheading the company’s ambitions for growth, including acquisitions and de novos. Duty transitioned to Enhabit from Encompass Health (NYSE: EHC), where he served as vice president of strategy. Enhabit spun off from Encompass […]

Enhabit Acquires Caring Hearts Hospice

Enhabit Home Health and Hospice (NYSE: EHAB) has acquired Texas-based Caring Hearts Hospice for an undisclosed amount, adding four locations to the company’s footprint in the state. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July. The company is pushing to grow right out of […]

Hospice Multiples Unlikely to Drop

A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Like most business sectors, health care has felt the aftershocks of global economic trends such as rising inflation, supply chain disruption, and the continued effects of […]