The hospice mergers and acquisitions market has been burgeoning for the last several years and continues to accelerate. Hospice leads the health care sector in terms of investor interest and valuations, but providers may hit some walls if workforce shortages worsen. Among the driving forces behind this continued acceleration include demographic tailwinds, rising demand and […]
Encompass Health Corp.
Encompass Health Corp. (NYSE: EHC) will appoint Crissy B. Carlisle, the company’s chief investor relations officer, as the new CFO of its Home Health and Hospice operations. Carlisle will transition to the CFO spot after Encompass identifies successor for her current position. Encompass Home Health and Hospice is in a state of flux. The company […]
Hospice providers have struggled to access facility-based patients during the coronavirus pandemic. Restricted access to facilities has hit providers hard financially and diminished the availability of care for patients. Thanks to widespread vaccination, facilities in some regions are re-opening to visitors, including interdisciplinary hospice teams. This trend is improving the outlook for providers’ business during […]
Chicago-based private equity firm The Vistria Group has agreed to recapitalize and invest in the growth of the post-acute data analytics and machine learning companies Muse Healthcare and Medalogix. Joining Vistria as minority investors are the home health and hospice providers LHC Group (NASDAQ: LHCG), Amedisys (NASDAQ: AMED), and Encompass Health (NYSE: EHC). The dollar amount […]
Despite slowed activity in part tempered by the COVID-19 pandemic, hospice and home health provider Encompass Health Corp. (NYSE: EHC) anticipates accelerated M&A activity in the near future, seeking acquisitions in both spaces as markets become thick with competition. Similar to many providers nationwide, Encompass Health was impacted by pandemic-related headwinds throughout 2020. The company’s […]
Encompass Health (NYSE: EHC) is benefiting from rising hospice utilization as its health care services segment grows. The company has not yet reached a decision regarding the future of its hospice and home health business, which may be poised for a spin off, merger or sale. While Encompass saw more hospice patients come under its […]
The hospice mergers and acquisitions market has never been more active among both strategic buyers and private equity investors. The industry is also seeing larger companies seeking to take advantage of record-high valuations to capitalize on their hospice assets, according to a first quarter M&A report from the advisory firm Provident Healthcare Partners. Activity in […]
Encompass Health Corp. (NYSE: EHC) has agreed to acquire Frontier Home Health & Hospice for an undisclosed sum. The transaction will bring 11 hospice and nine home health locations into the Encompass footprint. Frontier was founded in Montana in 2008 and has since expanded to Alaska, Colorado, Washington and Wyoming. The company earned nearly $36 […]
Hospital system HCA Healthcare (NYSE: HCA) has recognized the growing demand for home-based health care services and associated growth opportunities. This formed the impetus for the company’s purchase of an 80% stake in Brookdale Senior Living’s (NYSE: BKD) home health and hospice business for $400 million earlier this year. Bringing care to the home is […]
April Anthony, CEO of Home Health and Hospice at Encompass Health Corp. (NYSE: EHC) will be stepping down in mid-June of this year. The move comes at a time when the company is considering a repositioning of its home health and hospice business, including a potential spin off or sale. Anthony founded Encompass Home Health […]
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