Home Health & Hospice Week

Plus: Florida hospital teams with VNA, Ohio coalition gains another nonprofit member.

It’s been in the works for months, but Encompass Health Corp.’s spinoff of its Enhabit Inc. home health and hospice business is now a done deal.

“Enhabit is now an independent public company,” Birmingham, Alabama-based Encompass says in a release.

At press time, stock for Enhabit (EHAB) was trading at $20.70 per share. That’s down from its $25.25 high the day the stock opened on June 24. Its opening price was $25.00.

Mergers, acquisitions, and other developments around the nation include:

In Florida: Tampa General Hospital is partnering with the Visiting Nurse Association to form TGH Home Care powered by VNA of Florida, the hospital says in a release. “Patients will have the choice to remain with our network of care for the services they need while continuing to recover in the comfort of their home,” Tampa General’s Adam Smith says in the release. “Staying within Tampa General means our patients can make a seamless and safer transition home. They remain our patient, which means they can more easily access the combined resources of an academic medical center and an experienced home care agency, that supports improved quality, outcomes, and overall patient experience,” Smith says. The release further details how the process will work. In the hospital, a TGH Home Care nurse “meets with the patient and their family to learn about their home setting and needs for care. The nurse will directly access important information to make the patient’s return home an easier process with all the services and equipment needed for recuperation,” according to the release.

In Ohio: Hospice of Morrow County in Mt. Gilead is now a part of Ohio’s Hospice of Central Ohio and will start using a new name, Ohio’s Hospice of Morrow County, the provider says in a release. “Ohio’s Hospice is a partnership of mission-driven, not-for-profit hospices in Ohio committed to a shared vision of strengthening and preserving community-based hospices,” the release says. “As part of the Ohio’s Hospice family, the organization will expand its access to resources and evidenced-based care to serve more patients and families,” the hospice adds.