Encompass Health, a provider of integrated post-acute healthcare services, and Baptist Health South Florida are expanding a joint venture agreement to include the Baptist Health home health agency in Miami. The transaction is expected to close in the fourth quarter.
The joint venture expansion will add Encompass Health’s home health services to Miami-Dade and Monroe counties, complementing the existing inpatient rehabilitation services in the market. Encompass Health is currently the fourth largest provider of Medicare-certified skilled home health services and a top 10 hospice provider in the country based on Medicare reimbursements, the company said in a news release. Read more.
