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January 19, 2022 04:50 PM

Encompass Health spinning off home health and hospice business

Ginger Christ
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    Encompass Health plans to spin off its home health and hospice business as a separate publicly traded company known as Enhabit Home Health and Hospice, the company announced Wednesday.

    Birmingham, Alabama-based Encompass Health expects to complete the spin-off in the first half of 2022 and will begin rebranding the home health and hospice segment in April, the company said in a news release.

    Encompass Health's board of directors said separating the inpatient rehabilitation the home health and hospice businesses will allow both to be more flexible, focused and better able to respond to the market.

    Download Modern Healthcare’s app to stay informed when industry news breaks.

    Encompass Health first announced its plans to separate the home health and hospice segment through an initial public offering, spin-off or merger in December 2020.

    The company operates 145 hospitals, 251 home health sites and 96 hospice facilities throughout the U.S. and Puerto Rico.

    Related Article
    Encompass Health exploring IPO, merger or sale of home health and hospice segment
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        • Patients
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      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Digital Health
    • Insights
      • ACA 10 Years After
      • Best Practices
      • Special Reports
      • Innovations
    • Data/Lists
      • Rankings/Lists
      • Interactive Databases
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        • Top 25 Diversity Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Supply Chain Revenue Cycle
        • - Hospital at Home
        • - Workplace of the Future
        • - Strategic Marketing
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