Fierce Healthcare January 21, 2022
Inpatient rehabilitation and home care company Encompass Health announced Wednesday plans to spin off its home health and hospice business into an independent, publicly-traded company.
The move is expected to become official sometime within the first half of 2022, pending regulatory approvals and other conditions, according to the announcement.
The new entity will begin rebranding the segment as “Enhabit Home Health & Hospice” beginning in mid-April, a process the company expects will be “largely completed” by the time the spin-off is final.
“The Encompass Health Board of Directors believes that the separation of its inpatient rehabilitation business and the [home health and hospice business] into two independent, publicly-traded companies will provide significant benefits to both businesses and their stakeholders,” Encompass...
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