Encompass Health's (EHC) Jet Spotted for Second Time in Ocean State Amid Ongoing Strategic Review

April 19, 2021 9:53 AM EDT
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Encompass Health Corporation (NYSE: EHC) corporate jet was back in Providence, Rhode Island on Sunday, according to Gordon Haskett analyst Don Bilson. This is interesting because Encompass Health is looking to sell its home health and hospice business and CVS (NYSE: CVS) is headquartered in Providence.

"Our jet tracking data had never picked up an EHC flight to Providence before April 5 and it has now been there twice in two weeks," Bilson notes.

He wouldn't be shocked to see CVS acquire all of Encompass Health, not just the home health and hospice business.

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