Hospice News August 7, 2024
Enhabit Inc. (NYSE: EHB) has seen mixed financial results with headwinds impacting its overall revenue amid hospice tailwinds propelling these services toward sustainable growth.
The home health and hospice provider formed when the company spun off from Encompass in 2022. The last year has been filled with various challenges alongside significant opportunities, said Enhabit President and CEO Barb Jacobsmeyer.
Case in point, the second quarter marked its third sequential period of growth, Jacobsmeyer stated. The period also marked the end of its strategic review that ultimately concluded with the Enhabit’s decision to remain a standalone company.
“Quarter 2 demonstrates the success of our strategies. Our team deserves praise for keeping a strong focus on operational performance amid many potential distractions,”...
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