Hospice News July 28, 2021
A public or private separation of Encompass Health’s (NYSE: EHC) home health and hospice segment is underway, though details of the forthcoming transaction remain hidden. Encompass announced last December that a strategic repositioning of the segment was in the cards and expects to reveal their ultimate decision before the end of this year.
To ready themselves for a separation, Encompass has prepared audited carved-out financial statements for its home health and hospice business as well as a draft registration statement for the U.S. Securities and Exchange Commission, among other regulatory filings.
“Our board of directors believes a full or partial separation of the home health and hospice business will enhance the long term success and value of the business,” CEO...