Average daily census growth propelled Enhabit Inc. (NYSE: EHAB) to a strong quarter for its hospice segment in early 2025. With shortfalls in its home health business, hospice is a prime growth driver for Enhabit. The company’s hospice ADC rose 12.3% year over year to 3,809, up from 3,391 in Q1 2024. Enhabit also saw […]
De novos and other investments have driven Enhabit Inc. (NYSE: EHAB) to 14 months of steady sequential growth. Enhabit opened five new hospice operations during 2024, building on seven that were established during 2022 and 2023. More de novos are likely on the way, a mix of home health and hospice, according to CEO Barbara […]
A federal judge has denied VitalCaring’s request to reconsider a ruling requiring that a portion of the company’s future profits be placed in trust for the benefit of Encompass Health (NYSE: EHC) and Enhabit Inc. (NYSE: EHAB). The case dates back to 2022, when Encompass Health spun off its home health and hospice business, creating […]
Nautic Partners and The Vistria Group, the private equity backers of home health and hospice provider Vital Caring, are mulling a potential appeal of a federal court’s recent decision in a dispute with Encompass Health (NYSE: EHC) and Enhabit Inc. (NYSE: EHAB). A federal judge in Delaware on Monday ordered VitalCaring, Nautic and Vistria to […]
Enhabit Inc.’s (NYSE: EHAB) hospice segment buoyed the company’s Q3 financial results amid losses in its home health business. Also on Thursday, the company announced that Ryan Solomon will become its CFO effective Dec. 9, succeeding Crissy Carlisle. Consistent sequential gains in Enhabit’s hospice average daily census (ADC), coupled with the Fiscal Year 2025 payment […]
Crissy Carlisle is stepping down as CFO of the home health and hospice provider Enhabit Inc (NYSE: EHAB). Carlisle’s departure follows the completion of a strategic review that concluded that Enhabit should remain a standalone company rather than sell. This prompted a feud with minority investor AREX Capital Management, which pushed for a sale. This […]
Enhabit Inc. (NYSE: EHAB) has elected a new board of directors, according to preliminary results of a shareholder vote today. The revamped board includes eight members proposed by Enhabit and one put forth by minority shareholder AREX Capital Management. Final results of the vote will be released in a U.S. Securities and Exchange Commission filing […]
Amid a feud with one of its minority investors, Enhabit Inc. (NYSE: EHAB) has demonstrated steady hospice growth, according to preliminary Q2 financial results released on Monday. The company will release its comprehensive earnings report next month. But this early report indicates that Enhabit has seen five straight months of sequential hospice average daily census […]
Enhabit Inc. (NYSE: EHAB) and shareholder AREX Capital Management continue to feud over the home health and hospice provider’s decision to remain an independent company. Enhabit recently completed a strategic review, which began last August, to consider alternatives such as a merger or sale. Progress on the company’s goals had not been fast enough, CEO […]
The home health and hospice provider Enhabit, Inc. (NYSE: EHAB) will continue to operate as a stand-alone company instead of pursuing a sale. The company has completed a strategic review, which began last August, to consider alternatives such as a merger or sale. Progress on the company’s goals had not been fast enough, CEO Barbara […]
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