BIRMINGHAM, Ala., April 2, 2021 /PRNewswire/ — Embody Well being Corp. (NYSE: EHC) as we speak introduced that April Anthony has determined to step down as Chief Govt Officer, House Well being and Hospice, efficient mid-June 2021.
“All through our greater than six years working collectively, April has offered excellent management to the house well being and hospice enterprise,” mentioned President and Chief Govt Officer of Embody Well being Mark Tarr. “Collectively, we now have grown this section’s income from roughly $400 million to $1.1 billion and considerably elevated the geographical footprint of our providers. We thank April for her innumerable contributions, which can have a long-lasting constructive influence.”
Ms. Anthony commented, “It has been my honor to guide Embody Well being’s house well being and hospice section, and I’m pleased with what we now have achieved. We have now developed a premier community of nurses, therapists, social staff and residential well being aides throughout the nation and have set a brand new business customary for offering high-quality, cost-effective built-in care. With our tradition, gifted workforce and know-how in place to ship superior medical outcomes, the division is poised for ongoing success, and now could be the appropriate time for me to step apart. I look ahead to working collectively over the approaching months to attain a profitable transition.”
Mr. Tarr mentioned, “Our house well being and hospice enterprise is positioned to satisfy the calls for of an getting older inhabitants that has a robust and rising choice for in-home care. Our search course of to establish a successor is underway, and we now have a robust basis in place to help on this transition. As we proceed our evaluation of strategic options for our house well being and hospice enterprise, we are going to preserve our give attention to operational excellence.”
The Embody Well being board of director’s evaluation of strategic options for the house well being and hospice enterprise, introduced on Dec. 9, 2020, stays ongoing. No timetable has been established for the completion of the strategic evaluation, and the Firm doesn’t intend to reveal additional developments with respect to its strategic evaluation course of, until and till its Board approves a particular transaction or motion, or in any other case concludes the strategic evaluation.
About Embody Well being
As a nationwide chief in built-in healthcare providers, Embody Well being (NYSE: EHC) affords each facility–primarily based and residential–primarily based affected person care by means of its community of inpatient rehabilitation hospitals, house well being companies and hospice companies. With a nationwide footprint that features 138 hospitals, 241 house well being places, and 82 hospice places in 39 states and Puerto Rico, the Firm supplies excessive–high quality, cost-effective built-in healthcare. Embody Well being is ranked as one among Fortune’s 100 Greatest Corporations to Work For. For extra info, go to encompasshealth.com, or observe us on our newsroom, Twitter and Facebook.
Ahead Wanting Statements
Statements contained on this press launch which aren’t historic info, similar to these regarding administration succession efforts, the continued strategic evaluation and its influence on Embody Well being’s enterprise and stockholder worth, are forward-looking statements inside the which means of the Non-public Securities Litigation Reform Act of 1995. As well as, Embody Well being, by means of its senior administration, might on occasion make forward-looking public statements in regards to the issues described herein. All such estimates, projections, and forward-looking info converse solely as of the date hereof, and Embody Well being undertakes 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 options for its house well being and hospice enterprise, together with the potential advantages and timing thereof, and in regards to the prospects and potential alternatives for its house well being and hospice enterprise after the evaluation and administration succession. Such dangers and uncertainties embody, however usually are not restricted to, the chance that Embody Well being might not have the ability to understand larger values for its house well being and hospice enterprise by means of strategic transactions and subsequently retains its present company and enterprise construction; the chance that Embody Well being might determine to not undertake a transaction following the evaluation of strategic options or that it isn’t capable of consummate any proposed transactions ensuing from the evaluation attributable to, amongst different issues, market, regulatory and different components; the potential for disruption to Embody Well being’s enterprise ensuing from the evaluation of strategic options or the endeavor of any transactions following the evaluation; Embody Well being’s capability to draw and retain key administration personnel; any potential antagonistic results on Embody Well being’s inventory value ensuing from the announcement of the strategic evaluation or the outcomes thereof, and, with regard to the prospects and potential alternatives for, and Embody Well being’s capability to reinforce the worth of its house well being and hospice enterprise, the uncertainties and variables inherent in enterprise working and monetary efficiency, together with, amongst different issues, aggressive and regulatory developments and normal financial, political, enterprise, business, regulatory and market circumstances. Extra dangers and uncertainties are set forth in Embody Well being’s Kind 10-Okay for the fiscal yr ended December 31, 2020, and in different paperwork Embody Well being beforehand filed with the SEC, a lot of that are past Embody Well being’s management and will trigger precise occasions or outcomes to vary materially from the views, beliefs, and estimates expressed herein.
As such, you might be cautioned to not place undue reliance on the estimates, projections and different forward-looking info on this press launch, and a possible transaction and its results as contemplated on this press launch might differ materially from these anticipated in these forward-looking statements.
Embody Well being Contacts:
Media: Casey Lassiter| 205 970-5912
Investor Relations: Crissy Carlisle | 205 970-5860
SOURCE Embody Well being Corp.