Encompass Bets Big on a Rapidly Aging Population

Encompass Health Corp. makes a $217 million bet on home health and hospice care — in spite of an ongoing overhaul of home health reimbursements.

Encompass Health CEO Mark Tarr. Photos by Cary Norton On April 1, Birmingham-based Encompass Health Corp. announced its plans to purchase Alacare Home Health & Hospice for $217.5 million. The deal, which closed July 9, will make Encompass one of the top 10 largest hospice providers in the country. “Alacare is…

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