Enhabit, Inc ( (EHAB) ) has shared an announcement.
Enhabit, Inc. reported its fourth-quarter results for 2024, highlighting a strategic focus on long-term growth in its home health and hospice segments. The company achieved a net service revenue of $258.2 million, despite a net loss of $46.0 million. Key achievements included a 10.7% increase in non-Medicare home health admissions and a 13.1% rise in hospice net service revenue. The company also reduced its bank debt by $10 million in Q4, totaling a $40 million reduction for 2024, and opened three new hospice locations in the same quarter.
More about Enhabit, Inc
Enhabit, Inc., based in Dallas, TX, is a prominent provider in the home health and hospice care industry. The company focuses on delivering comprehensive healthcare services to patients in their homes, with a market emphasis on both Medicare and non-Medicare segments.
YTD Price Performance: 9.29%
Average Trading Volume: 292,848
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $425.9M
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