Industry News • May 1, 2018
BIRMINGHAM, Ala. and DALLAS, May 1, 2018 /PRNewswire/ — Encompass Health Corp. (NYSE: EHC), a national leader in post-acute care, today announced it completed its previously announced acquisition of privately owned Camellia Healthcare and its affiliated entities on May 1, 2018.
The Camellia Healthcare portfolio includes 18 hospice, 14 home health and two private duty locations in Mississippi, Alabama, Louisiana and Tennessee and generated revenues of approximately $78 million in 2017. The acquisition leverages Encompass Health’s home health and hospice operating platform across key certificate of need states and strengthens its geographic presence in the Southeastern United States.
With the closing of this transaction, Encompass Health, the country’s fourth largest provider of Medicare-certified skilled home health services, is also positioned as a top 25 provider of hospice services.
This article originally appeared in an article on PR Newswire.