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 […]
The recent appointments of a new C-suite executive team at Encompass Health’s (NYSE: EHC) hospice and home health business is a likely indicator that the company will spin off that segment into a separate company according to an analysis from the financial services company Jeffries. Encompass announced last December that it was considering a strategic […]
Barbara Jacobsmeyer, president of inpatient hospitals for Encompass Health (NYSE: EHC), will succeed April Anthony as the company’s CEO of Home Health and Hospice, effective immediately. Anthony departed the company on June 18. Jacobsmeyer takes the helm at a time of extensive change at Encompass. In addition to transition in leadership, the company is considering […]
Despite growing demand, the lack of a robust reimbursement structure for palliative care services may be keeping some providers out of that market. Encompass Health (NYSE: EHC) will not be entering the palliative care space any time soon, choosing to focus on growing its current hospice and home health operations. About 50% of community-based palliative […]
Traditions Health, LLC, has named David Klementz as its new president and CEO. Klementz is transitioning into the role this month after more than 15 years at Encompass Health (NYSE: EHC), where he served as chief strategy officer. Klementz will succeed Bryan Wolfe, co-founder of Traditions Health, who has led the company for the last […]
Encompass Health (NYSE: EHC) will continue to pursue hospice expansion as the company considers a strategic repositioning of its hospice and home health assets. Encompass announced in December that its leadership was pondering a spin off or other action for hospice and home health. Other options under consideration include a potential merger, sale, initial public […]
Last week hospice durable medical equipment provider National HME, Inc., appointed Andrew Ingram as CEO after nearly 12 years in senior leadership positions at Encompass Health (NASDAQ: EHC), along with more than 30 years in hospice and health care leadership. Previously the executive vice president of operations for Encompass Health’s home health and hospice segments, […]
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