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 […]
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 […]
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, […]
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 […]
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 […]
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