Enhabit Strategic Review Could Lead to Sale or Merger

Amid a strategic review that could end in a merger or sale, Enhabit Inc. (NYSE: EHAB) leaders are happy with the company’s progress, specifically on the labor and clinical outcome fronts.

Enhabit CEO Barb Jacobsmeyer refrained from diving into much detail on the strategic review, but did say that “discussions with interested parties are ongoing.”

She did get into third-quarter hiring numbers, however. The company hired 166 net new nurses — on top of the 200 it hired in Q2 — and expects to eliminate all contract labor in its home health segment by the end of the year, reports Home Health Care News.

Dallas-based Enhabit has 255 home health locations and 108 hospice locations across 34 states. Read more.

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