“Workforce optimization” is the watchword at Baton Rouge, La.-based Amedisys Inc. (NASDAQ: AMED). The company seeks to build clinical capacity to support its long-term expansion, expecting to achieve growth at a higher rate than a projected 7% to 8% for the overall hospice market, according to President and COO Chris Gerard. With labor pressures the […]
Aveanna Healthcare Holdings (NASDAQ: AVAH) has streamlined its hiring and on-boarding process to more quickly replenish its workforce in a tight labor market. The industry-wide staffing shortage may be the company’s most significant headwind as it expands its hospice and home health care footprint. The Atlanta-based hospice, home health, private duty and pediatric services provider […]
Encompass Health Corporation (NYSE: EHC) last week announced it was keeping its options open on the potential sale or merger of its home health and hospice segment, Enhabit Home Health & Hospice. The spinoff saga continues to evolve, with new reports Monday naming Aveanna Healthcare Holdings (NASDAQ: AVAH) and global private equity firm Advent International […]
Hospices in recent years have enlisted artificial intelligence in their quest to match the right patient to the right care at the appropriate time. As these systems continue to develop, some are finding potential benefits when it comes to regulatory compliance as well. Hospices that use AI systems often seek to predict when a patient […]
Encompass Health (NYSE: EHC) has begun transitioning its home-based care segment to a separate, publicly traded entity branded as Enhabit Home Health & Hospice, even as the company contends with falling hospice revenues, admissions and staffing pressures attributed to the pandemic. The spin off will complete in the second quarter of 2022, according to statements […]
Encompass Health (NYSE: EHC), will spin off its home health and hospice business as a separate publicly traded company branded as Enhabit Home Health & Hospice. The company expects to complete the spin off during the first half of 2022. Encompass announced in Dec. that a strategic repositioning of the segment was in the cards. Current […]
Encompass Health Corp. (NYSE: EHC) on Wednesday announced a new joint venture with Saint Alphonsus Health System in a move that expands the company’s hospice and home health reach in Idaho. Financial details of the transaction were undisclosed. The joint venture is the latest in a swelling hospice reach for Encompass. The company last year […]
A forthcoming hospice and home health spin off company from Encompass Health (NYSE: ENC) will be a publicly traded entity. Encompass announced last December that a strategic repositioning of the segment was in the cards. The transaction is expected to take place during the first half of 2022. To ready themselves for a separation, Encompass […]
A public or private separation of Encompass Health’s (NYSE: EHC) home health and hospice segment is underway, though details of the forthcoming transaction remain hidden. Encompass announced last December that a strategic repositioning of the segment was in the cards and expects to reveal their ultimate decision before the end of this year. To ready […]
Encompass Health (NYSE: EHC) may be inching closer to spinning off its home health and hospice segment. Encompass announced last December that it was mulling a strategic repositioning of its home health and hospice business. The company has not yet announced a final decision but has indicated that preparations have begun for a possible separation […]
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