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Encompass Health to acquire the assets of a western-based home health and hospice company
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Encompass acquiring western home health, hospice company
Updated 10:15 AM;
Today 10:15 AM
Encompass Health Corp. is buying Frontier Home Health and Hospice in Alaska, Colorado, Montana, Washington and Wyoming.
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Birmingham’s Encompass Health Corp. is acquiring a western-based home health company.
The deal to buy Frontier Home Health and Hospice, with facilities in Alaska, Colorado, Montana, Washington and Wyoming, is expected to close in the second quarter of this year. Terms of the deal were not disclosed.
The acquisition will add nine home health and 11 hospice locations to Encompass’ Health national network of more than 340. The Frontier locations generated about $36 million in revenue last year. The company has 375 employees.
Encompass acquiring western home health, hospice company
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Encompass Health announces definitive agreement to acquire assets of Frontier Home Health and Hospice
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BIRMINGHAM, Ala. and DALLAS, April 26, 2021 /PRNewswire/ Encompass Health Corp. (NYSE: EHC), a national leader in post-acute care, today announced it has entered into a definitive agreement to purchase the home health and hospice assets of Frontier Home Health and Hospice in Alaska, Colorado, Montana, Washington and Wyoming.
The transaction is expected to close in the second quarter of 2021, subject to certain customary closing conditions and regulatory approval. At closing, nine home health and 11 hospice locations will become part of an Encompass Health national network of more than 340 home health and hospice locations. These Frontier locations generated revenues of approximately $36 million in 2020. Encompass Health expects to fund the transaction with cash on hand and borrowings under its revolving credit facility.
Encompass Health to present at UBS Global Healthcare Virtual Conference
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BIRMINGHAM, Ala., April 20, 2021 /PRNewswire/ Encompass Health Corp. (NYSE: EHC) today announced it will present at the UBS Global Healthcare Virtual Conference being held May 24-26, 2021.
Mark Tarr, president and chief executive officer; Doug Coltharp, EVP and chief financial officer; and Barb Jacobsmeyer, EVP and president of inpatient hospitals will participate in a fireside chat at 9 a.m. EDT on Tuesday, May 25, 2021.
The event will be webcast live and will be available at http://investor.encompasshealth.com.
About Encompass Health
As a national leader in integrated healthcare services, Encompass Health (NYSE: EHC) offers both facility–based and home–based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. With a national footprint that includes 139 hospitals, 241 home healt
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