U.S.-based post-acute healthcare services provider Encompass Health intends to invest between $50 million to $100 million in home health and hospice locations.
With the investment Encompass Health will expand and acquire new home health and hospice locations in 2019.
Further, Encompass Health will fully move to continuity assessment record and evaluation tool payment system for a residual current device, expected to start in the fourth quarter of 2019.
In the third quarter of 2018, Encompass Health’s home health and hospice segment booked $242 million in revenue.