Enhabit Demonstrates Hospice Growth amid Conflict with Minority Investor Arex Capital Management

Amid a feud with one of its minority investors, Enhabit inc. (NYSE: EHAB) has demonstrated steady hospice growth, according to preliminary Q2 financial results. The company will release its comprehensive earnings report next month. But this early report indicates that Enhabit has seen five straight months of sequential hospice average daily census growth, though the report did not quantify that increase. Meanwhile, its home health segment saw a 6.4% year-over-year rise in admissions during the second quarter.

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Source: https://hospicenews.com/2024/07/15/enhabit-demonstrates-hospice-growth-amid-conflict-with-minority-investor-arex-capital-management/

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