Barbara Jacobsmeyer as of July 1 became the first CEO of Enhabit Home Health and Hospice (NYSE: EHAB) as an independent, standalone company. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July. The new company expects to earn nearly $1.08 billion to $1.12 billion this […]
Hospice acquisition volumes and price tags have hit record highs for several years running. Now, the companies that performed well under the pandemic’s pressure may be drawing more interest from buyers. While a sizzling hospice market saw a cooled start this year, merger and acquisition activity is still outpacing other health care sectors. Demographic tailwinds, […]
More hospice and palliative care providers are pursuing joint ventures with hospitals and health systems. Joint ventures offer unique advantages compared to traditional referral streams, according to Aaron Stein, COO of Contessa Health, a subsidiary of Amedisys (NASDAQ: AMED). Joint ventures allow providers to develop integrated care models that build improved transitions of care, said […]
Encompass Health (NYSE: EHC) has completed its spin-off of Enhabit Home Health & Hospice (NYSE: EHAB), which as of today is a separate, publicly traded company on the New York Stock Exchange (NYSE). Encompass announced the strategic repositioning of its home health and hospice segment in December 2020. The new company expects to earn nearly […]
As one massive home health and hospice transaction steams towards completion, another is delayed. The forthcoming spin-off of Enhabit Home Health & Hospice from Encompass Health (NYSE: EHC) is just about ready to close on July 1. Meanwhile, a minor administrative snag will delay closing of UnitedHealth Group (NYSE: UHG) subsidiary Optum’s acquisition of LHC […]
Enhabit Home Health & Hospice will be pursuing geographic expansion from the moment it gets off the ground. The forthcoming spinoff from Encompass Health (NYSE: EHC) has allocated $2 million to $3 million to fund de novo locations for the remainder of the year, according to 2022 guidance released today. Enhabit has also put aside […]
Encompass Health’s forthcoming spin off of Enhabit Home Health & Hospice is expected to complete July 1. In preparation, the fledgling company has appointed its board and is laying the groundwork for trading on the New York Stock Exchange (NYSE). Enhabit filed a Form 10 registration with the U.S. Securities and Exchange Commission, a necessary […]
With hospice providers reporting fewer staff in quarantine, many hope to reduce their utilization of temp nursing services — as well as the higher labor costs that come with them. But the reality won’t be that simple. Indicators suggest that demand for temp nurses is dipping slightly, and rates may be starting to fall. However, […]
Aveanna Healthcare (NASDAQ: AVAH) is seeing strong returns from its hospice and home health acquisitions while continuing to battle labor headwinds. Industry-wide, workforce pressures from staff shortages and rising wages have not relented. While clinical staff were dwindling prior to the pandemic, the pace accelerated when COVID-19 struck. The surges that occurred late last year […]
Encompass Health Corporation (NYSE: EHC) continues to rebound from the recent staffing woes within its hospice and home health segment. But in light of rising COVID-19 cases and hospitalization rates across the U.S., that near-term optimism coming from Encompass Health – and many of its peers – could prove short-lived. To fully move on from […]
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