Enhabit Home Health & Hospice (NYSE: EHAB) is adapting some aspects of how they integrate newly acquired hospice assets. Early on the company would implement a set of processes that were symmetrical with those in its home health business, but agencies in its hospice segment experienced some difficulties with those transitions. This contributed to a […]
Encompass Health
Enhabit Home Health & Hospice (NYSE: EHAB) has honed its sights on hospice growth, with substantial investments into staffing and acquisitions. Enhabit executives recently discussed what these investments mean for the future of its hospice business segment at the recent Wells Fargo Healthcare Conference in Boston. “Hospice has been more of a growing side of […]
Enhabit Home Health & Hospice (NYSE: EHAB) is running against the wind right out of the gates due to labor and capacity constraints — but remains poised for hospice acquisitions as the rest of this year unfolds. Enhabit completed its split from Encompass Health (NYSE: EHC) last month, becoming its own separate, publicly traded company […]
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, […]
Empath Health appoints chief medical executives Florida-based Empath Health recently appointed two new chief medical executives. Dr. Carol Li serves as its chief mission medical administrative officer, and Dr. Neville Sarkari as its chief mission medical affairs officer. In these roles, both will be crucial to the company’s clinical staff retention capabilities, according to Empath […]
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 […]
Hospice providers are nearly desperate to recruit nurses, but their labor woes do not end there. A shortage of non-clinical staff is an additional sore spot. Providers are anticipating demand for non-clinical staff to rise as they compete for resources in an increasingly fierce labor market. Providers have seen no lights at the end of […]
As it nears its planned Enhabit spinoff, Encompass Health Corporation (NYSE: EHC) continues to see workforce improvements and a decreased reliance on costly staffing agencies. Its hospice business, however, remains in a difficult spot. Encompass Health has taken a number of steps to improve its clinician recruitment and retention rates, including investing in upskilling programs, […]
Encompass Health Corporation (NYSE: EHC) on Wednesday offered additional insight into its plan to separate its home health and hospice segment later this year. And while doing so, the Birmingham, Alabama-based company emphasized how hospice, in particular, will remain an important part of the spinoff’s future. “Hospice is a smaller but rapidly growing business for […]
The hospice merger and acquisitions market has been running hot, with activity showing no signs of cooling as 2022 kicks off. Even so, intensifying regulatory pressure could lead a larger contingent of smaller providers to sell, further stimulating the market. M&A activity in the home health and hospice spaces outpaced other health care service sectors […]