Healthcare Innovation May 14, 2024
One of the company’s top shareholders has announced a slate of executives it wants elected to the board.
After receiving “serious interest” but no official bids from possible buyers, the directors of Dallas-based Enhabit Inc. have decided the provider of home health and hospice services will remain independent and publicly traded.
The directors of Enhabit last August launched their strategic review—barely a year after completing the separation of its businesses from Encompass Health Inc.—with the help of investment bank Goldman Sachs. The move came a few months after a major shareholder pushed for governance changes and the exploration of strategic alternatives, which typically means finding a merger partner or a buyer for all or large parts of the company.
That...
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