- July 29, 2021
- Posted by: Stratford Team
- Category: Business
Those interested in what Encompass Health Corporation (NYSE: EHC) will do next with its home health and hospice segment have been largely left to read the tea leaves up to this point.
And while there is still not a final conclusion, the company is on the verge of completing its exploration of “strategic alternatives” for the segment, it announced Tuesday. Encompass Health’s board of directors believes a full or partial separation — either by public or private means — is the best way to move forward.
“As we mentioned in our earnings release, based on the analysis of alternatives today, 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,” Encompass Health CEO Mark Tarr said on the company’s Q2 earnings call Wednesday. “The final form is still to be determined, as we continue to pursue a separation transaction by…