Encompass Health (formerly HealthSouth Corporation), based in Birmingham, Alabama, is one of the United States' largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 36 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies.[1] Effective January 2, 2018, the organization changed its name to Encompass Health Corporation and its New York Stock Exchange (NYSE) ticker symbol from HLS to EHC.[2]
Video CareSouth
History
Central Georgia Health System founded CareSouth on November 1, 1995 with the purchase of a large home healthcare company, which had a successful 25-year history. Two distinct lines of business evolved from CareSouth's infancy. The first was the direct delivery of patient care, and the second was the delivery of business services to others that owned homecare agencies.
In 1998 the executive management team, working with the Washington, D.C.-based private equity firm, Capitol Partners, acquired the company from Central Georgia Health System, which enabled both of CareSouth's business lines to grow.
CareSouth has been providing in-home care services to seniors across the Southeastern US for more than 20 years. Today, CareSouth maintains more than 60 offices across country with services including home health care, hospice, and private duty personal care services, as well as health and wellness services in select assisted living facilities. Additionally, CareSouth maintains joint ventures and partnerships in more than 20 locations.
It was announced on August 31, 2015, that CareSouth was to be purchased by HealthSouth Corporation for $170 million in cash. HealthSouth would acquire CareSouth's home health locations, and leave the private duty locations, co-owned with LCS, a Des Moines, Iowa-based provider of senior lifestyle products and services. These remaining locations would be rebranded under the name of Careity, effective fourth quarter 2015 and would take with it, the entire upper management structure. The CareSouth brand would become part of HealthSouth, and fall under the management of Encompass Home Health.
Maps CareSouth
Operations
In 2007, the company had more than $20 billion USD in assets.
Key people
Since the company was sold in 2015, CareSouth has fallen under the auspices of the Encompass Home Health leadership. They include:
- April Anthony - Chief Executive Officer
- Bob Thompson - Chief Financial Officer
- Tracey Kruse - Chief Operating Officer
- Bud Langham - Chief Clinical Officer
- Dan Peoples - Executive Vice President of Sales
- Luke James - Chief Strategy Officer
- Cliff Blessing - Vice President of Business Development
References
External links
- [1]
Source of the article : Wikipedia
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