BIRMINGHAM, Ala., April 2, 2021 / PRNewswire / – Embody Well being Corp. (NYSE: EHC) introduced at the moment that April Anthony has determined to step down as Govt Director of Dwelling Well being and Palliative Care, with mid June 2021.
“By way of our greater than six years working collectively, April has offered excellent management to the house well being and hospice enterprise,” stated Embody Well being President and CEO Mark Tarr. “Collectively, we have now elevated income from this section by roughly $ 400 million for $ 1.1 billion and considerably elevated the geographic footprint of our companies. We thank April for her numerous contributions, which could have a long-lasting constructive influence. “
Ms. Anthony commented, “It has been an honor for me to guide the house well being and palliative care section of Embody Well being, and I’m happy with what we have now completed. We’ve developed a world-class community of nurses, therapists, staff social and residential well being aides nationwide. and we have set a brand new business commonplace for offering high-quality, cost-effective built-in care. With our tradition, gifted workforce, and know-how in place to ship superior scientific outcomes, the division it’s poised for continued success, and now could be the fitting time to step apart. I look ahead to working collectively over the following a number of months to attain a profitable transition. “
Mr. Tarr stated, “Our house well being and hospice enterprise is positioned to satisfy the calls for of an growing old inhabitants with a robust and rising desire for house care. Our search course of to establish a successor is underway, and we have now a robust staff to help on this transition. As we proceed to evaluation strategic alternate options for our house well being and hospice enterprise, we are going to keep our deal with operational excellence. “
The Embody Well being Board of Administrators Assessment of Strategic Options for the Dwelling Well being and Palliative Care Enterprise, introduced the December 9, 2020, continues to be ongoing. No timeline has been established for the completion of the strategic evaluation, and the Firm doesn’t intend to reveal additional developments concerning its strategic evaluation course of, until and till its Board of Administrators approves a selected transaction or motion, or in any other case conclude the strategic evaluation.
About Embody Well being
As a nationwide chief in built-in well being care companies, Embody Well being (NYSE: EHC) supplies each in-center and home-based affected person care by its community of inpatient rehabilitation hospitals, house well being companies and companies. palliative care. With a nationwide presence that features 138 hospitals, 241 house well being care areas, and 82 hospice areas in 39 states and Puerto Rico, the Firm supplies high-quality and cost-effective built-in healthcare. Embody Well being is ranked one of many Fortune 100 Finest Firms to Work For. For extra info, go to encompasshealth.com or observe us in our newsroom, Twitter and Fb.
Statements on this press launch that aren’t historic information, comparable to these associated to administration’s succession efforts, the continuing strategic evaluation, and its influence on Embody Well being’s enterprise and shareholder worth, are forward-looking statements inside of the which means of the Personal Securities Litigation Reform. 1995 Act. As well as, Embody Well being, by its senior administration, could once in a while make forward-looking public statements on the issues described on this doc. All of those forward-looking estimates, projections, and data confer with the date hereof solely, and Embody Well being assumes no obligation to publicly replace or revise such forward-looking info, whether or not because of new info, future occasions, or in any other case. Such forward-looking statements contain substantial dangers and uncertainties about Embody Well being’s exploration of strategic alternate options for its hospice and residential well being enterprise, together with potential advantages and timing, and concerning the potential prospects and alternatives for its house well being enterprise. Palliative and residential well being care after evaluation. and managerial succession. Such dangers and uncertainties embrace, however will not be restricted to, the chance that Embody Well being could not be capable to receive increased values for its hospice and residential care enterprise by strategic transactions and subsequently retain its present enterprise and company construction; the chance that Embody Well being could determine to not enter right into a transaction after the evaluation of strategic alternate options or that it could not be capable to consummate any proposed transaction ensuing from the evaluation because of, amongst different issues, market, regulatory and different components; the potential for disruption of Embody Well being’s enterprise because of the evaluation of strategic alternate options or the completion of any transaction after the evaluation; Embody Well being’s potential to draw and retain key administration personnel; any potential opposed impact on Embody Well being’s share worth ensuing from the announcement of the strategic evaluation or the outcomes thereof and, with respect to potential prospects and alternatives and Embody Well being’s potential to reinforce the worth of its enterprise of palliative care and residential well being, the uncertainties and variables inherent to the operational and monetary efficiency of the enterprise, together with, amongst different issues, aggressive and regulatory developments and common financial, political, business, industrial, regulatory and market circumstances. Further dangers and uncertainties are set out on the Embody Well being Kind 10-Ok for the fiscal 12 months that ended. December 31, 2020and in different paperwork that Embody Well being beforehand filed with the SEC, a lot of that are past Embody Well being’s management and should trigger precise occasions or outcomes to vary materially from the opinions, beliefs and estimates expressed on this doc.
As such, you might be cautioned to not unduly depend on the estimates, projections, and different forward-looking info on this press launch, and a possible transaction and its results contemplated on this press launch could differ materially from these anticipated in these futures. gaze statements.
Cowl well being contacts:
Media: Casey lassiter| 205970-5912
Investor Relations: Crissy Carlisle | 205 970-5860
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SOURCE Embody Well being Corp.