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 […]
Knowledge is power when it comes to understanding the key priorities among the hospice workforce. Hospice providers have taken varied approaches to combating prolific staffing shortages in the industry. Strategies have included offering higher wages, expanded benefits and retention and sign-on bonuses. Operators have also ramped up onboarding and preceptor training programs, provided ongoing education […]
A rich mix of hospice merger and acquisition (M&A) activity at the end of 2023 is fueling trends into next year. Hospice M&A activity has diverged from the frenzied pace set in recent years. The hospice space in the last five years has seen record-breaking multiples, a prevalence of private equity-backed platform transactions and large-scale […]
Enhabit Inc. (NYSE: EHAB) must be put up for sale, according to a letter from minority investor AREX Capital Management to the home health and hospice company’s board. AREX owns about 4.7% of Enhabit’s shares. The hedge fund first posited that Enhabit should be sold in a June letter to the board. Enhabit in August […]
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