(Reuters) - Hospital operator HealthSouth Corp bought the owner of Encompass Home Health and Hospice, the latest deal in an industry that looks poised to grow as the U.S. population ages.
HealthSouth, whose shares were up 3.8 percent at $39.72 in afternoon trading on Monday, said it was looking for further acquisitions in the fragmented sector.
11:01 Why Yahoo CEO Marissa Mayer’s $141 Million Payday Is Safe From the Hack Cover-Up15
18:14 This is the most expensive home for sale in the U.S7
23:37 Here’s Why Netflix’s Share Price Just Hit a New All-Time High11
21:52 Netflix nears 94 million subscribers 10 years after streaming launch21