Enhabit explores potential sale of the Dallas home health and hospice care company

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Dallas home health and hospice care company Enhabit Inc., facing pressure from an activist investor, is considering a potential sale of the company a year...

“While we continue to make progress with our strategic initiatives, the pace of the progress has not been fast enough in 2023 to meet our initial guidance,” CEO Barb Jacobsmeyer told investors at the time. “We remain confident our teams’ relentless efforts to retain staff, manage costs, and deliver high-quality care will enhance our value long term.”

She said the company negotiated 10 new Medicare Advantage contracts, hired 203 full-time nurses and “continued to outperform the industry average with a 30-day hospital readmission rate that is 370 basis points better than the national average.”. Paul directs the work of an award-winning staff covering business news in the nation's fourth largest metro region. He's been The News' business editor since 2015.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Inc. Cl B stock falls Tuesday, underperforms marketShares of Berkshire Hathaway Inc. Cl B slipped 0.43% to $350.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with...
Source: MarketWatch - 🏆 3. / 97 Read more »

Netflix Inc. stock outperforms market on strong trading dayShares of Netflix Inc. rallied 1.20% to $413.17 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500...
Source: MarketWatch - 🏆 3. / 97 Read more »

Berkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketShares of Berkshire Hathaway Inc. Cl B advanced 1.05% to $354.26 Wednesday, on what proved to be an all-around positive trading session for the stock market,...
Source: MarketWatch - 🏆 3. / 97 Read more »