Enhabit Home Health & Hospice (NYSE: EHAB) slowed its growth trajectory during the third quarter due to labor headwinds and some state licensing delays for its de novos. On the acquisition front, the company plans to deploy $50 million to $100 million annually, with about 60% to 70% weighted toward hospice, Jacobsmeyer previously told Hospice News. Recent transactions include the purchase of Caring Hearts Hospice in Texas and the Nov. acquisition of Arizona-based Unity Hospice. Financial terms for both deals were undisclosed. Looking ahead, Enhabit’s deal pipeline continues to be “robust,” executives indicated in the earnings call.
Read the full article: Enhabit Battles Workforce Pressures, Stays Bullish on Hospice M&A //
Source: https://hospicenews.com/2022/11/02/enhabit-battles-workforce-pressures-stays-bullish-on-hospice-ma