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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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    • News
      • Current News
      • Providers
      • Insurance
      • Government
      • Finance
      • Technology
      • Safety & Quality
      • Digital Health
      • Transformation
        • Patients
        • Operations
        • Care Delivery
        • Payment
      • ESG
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Opinion
      • Bold Moves
      • Breaking Bias
      • Commentaries
      • Letters
      • Vital Signs Blog
      • From the Editor
    • Events & Awards
      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
      • Data Center Home
      • Hospital Financials
      • Staffing & Compensation
      • Quality & Safety
      • Mergers & Acquisitions
      • Data Archive
      • Resource Guide: By the Numbers
      • Surveys
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    • Newsletters
    • MORE+
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