April Anthony Net Worth: The $750M Home Health Fortune Explained

April Anthony’s net worth is estimated at approximately $740 million, according to Forbes’ America’s Richest Self-Made Women rankings. That figure reflects a 30-year career in home health care — one that began with a single acquisition at age 25 and scaled into one of the largest Medicare-certified home health companies in the country.

If you’ve seen a different number elsewhere, you’re not imagining things. Forbes put her closer to $1.4 billion in 2020. The gap is real, and there’s a specific reason for it — which we’ll get into.

What Is April Anthony’s Net Worth?

April Anthony’s net worth refers to Forbes’ estimated value of her personal assets, most of which trace back to the sale of her Dallas-based home health company to HealthSouth Corporation for approximately $750 million. Forbes places her current net worth at $740 million, ranking her among America’s top 50 richest self-made women.

That estimate has ranged between $740 million and approximately $1.4 billion depending on the year and the publication’s methodology. Forbes ranked her tied for 34th on its Richest Self-Made Women list with an estimated $740 million in 2023 — while earlier estimates from the 2020 cycle ran considerably higher.

According to Forbes, to appear on the self-made women ranking at all, wealth must be earned independently — not inherited or won.

April Anthony’s net worth is estimated at $740 million by Forbes, which has ranked her on its America’s Richest Self-Made Women list for multiple consecutive years. The wealth stems primarily from the sale of her Dallas-based Encompass Home Health and Hospice to HealthSouth Corporation — a transaction valued at approximately $750 million — combined with equity gains from her years running the acquired division post-sale.

This article covers April Anthony’s net worth history, career milestones, and current role. It does not address the detailed tax treatment of her acquisition proceeds or the specific legal structure of the HealthSouth deal.

How She Actually Built This Fortune

She didn’t come from healthcare.

Anthony bought her first home health company, Liberty Health Services, at age 25 in 1992 with less than two months of experience in healthcare. That’s not a rounding error — she entered an industry she barely knew and turned a company around. She sold Liberty five years later.

In 1998, she founded Encompass Home Health and Hospice in Dallas. No venture capital. No inherited connections. A clinical services business in one of the most operationally demanding parts of healthcare — coordinating nurses, therapists, and aides dispatched into patients’ homes across a growing national network.

What most net worth write-ups miss is the timeline of ownership. She sold controlling interest in the company in 2004. A decade later, she sold the remainder to Birmingham-based HealthSouth Corp. for $750 million, staying on as CEO of Encompass Home Health until 2021. Two separate sales. One company. Twenty-three years of compounding.

To trace the actual wealth-building sequence:

1992 — Acquire Liberty Health Services with minimal industry experience
1997 — Sell Liberty after five-year turnaround
1998 — Found Encompass Home Health and Hospice in Dallas
2004 — Sell controlling stake (first major liquidity event)
~2014 — Sell remaining stake to HealthSouth for $750 million
2015–2021 — Run the acquired division as CEO under Encompass Health Corp.

Each step built on the last. The $750 million wasn’t a lucky one-time exit — it was the culmination of a career built on a specific set of operational skills.

The HealthSouth Acquisition — And What She Did Next

Selling for $750 million and walking away would have been enough. Anthony didn’t walk away.

Under her post-acquisition leadership, the division’s revenue grew from approximately $400 million to $1.1 billion, according to a 2021 press release filed with the SEC. She ran the acquired business for six more years. That operational record — not just the exit — is a significant part of why her name carries weight in the home health sector.

She stepped down in June 2021. Then things got complicated.

A few months after her resignation, Encompass sued Anthony for breach of noncompetition and nonsolicitation agreements, accusing her of trying to recruit away Encompass employees to a new venture. A judge ruled Anthony had to abide by the contract for a year but did not agree to Encompass’s request to extend it a year longer.

The case didn’t end there. The lawsuit went to a seven-day trial in late 2023, and a Delaware court decision released in December 2024 ordered VitalCaring to pay 43% of profits to Enhabit — the home health arm that was spun off from Encompass Health in 2022. That ruling matters for anyone trying to assess the current value of Anthony’s stake in VitalCaring.

According to a 2021 SEC-filed press release from Encompass Health Corp. (NYSE: EHC), April Anthony grew the company’s home health and hospice segment revenue from approximately $400 million to $1.1 billion during her post-acquisition tenure. She stepped down as CEO in June 2021 and later became CEO of VitalCaring, a competing home health venture that subsequently faced legal action from Encompass Health and its spun-off division Enhabit.

Why Forbes’ Numbers Changed: $1.4 Billion vs. $740 Million

I’ve seen conflicting estimates across sources — Forbes cited approximately $1.4 billion in 2020, then revised to $740 million by 2023. My read is that the 2020 peak likely captured retained equity in Encompass Health Corp. (NYSE: EHC) at a specific valuation point, while the 2023 figure reflects reassessed private wealth after she departed the company and equity positions shifted.

Here’s the thing: Forbes’ methodology for private individual net worth is always an approximation. The firm doesn’t have access to personal balance sheets. What it does have is public transaction records, reported equity stakes, and industry comparables.

Look — if you’re a researcher or entrepreneur studying self-made wealth, here’s what actually matters: the figure changed because the underlying assets changed. Not because Forbes made an error. Acquisition proceeds get taxed, reinvested, and restructured. A post-sale CEO who holds company equity sees that value move with the stock.

Some analysts argue that assigning a single dollar figure to privately-held post-acquisition wealth overstates precision. That’s valid — and it’s a fair critique of how net worth journalism works generally. But if you’re comparing self-made entrepreneurs on a common scale, Forbes’ methodology — however blunt — is the consistent benchmark across the list.

Quick Comparison: April Anthony’s Career by Phase

Phase	Years	Key Event	Wealth Impact
Early career	1992–1997	Liberty Health Services acquisition & sale	First capital base
Encompass build	1998–2004	Founded and sold controlling interest	First major liquidity
Scale & exit	2004–2014	Grew company, sold remainder for $750M	Primary wealth event
Post-acquisition CEO	2015–2021	Grew EHC home health from $400M→$1.1B revenue	Equity appreciation
VitalCaring era	2022–present	Founded/leads new PE-backed platform	Actively building

VitalCaring: She’s Doing It Again

In 2022, Anthony became CEO of VitalCaring — a Dallas-based home health and hospice company she co-owns alongside private equity firms Vistria Group and Nautic Partners. She owns a third of the firm, and VitalCaring comprises home care, hospice, companion care and pediatric care businesses across multiple states.

In December 2025, VitalCaring acquired home health and hospice operations from Traditions Health, adding 35 home health agencies, 37 hospice locations, and three palliative care locations to the company.

The pattern is consistent. Build a clinical platform. Acquire strategically. Scale operationally. The December 2024 court ruling — which requires VitalCaring to share a significant portion of future profits with Enhabit — adds a meaningful variable to what any third exit might look like. But anyone who’s tracked Anthony’s career for more than a decade would be slow to count her out.

April Anthony is currently CEO of VitalCaring Group, a Dallas-based home health and hospice company she co-founded with private equity backers in 2022. According to Home Health Care News, VitalCaring has expanded through acquisitions across the Southeastern United States, including a major transaction with Traditions Health in December 2025. A 2024 Delaware court ruling requires VitalCaring to allocate 43% of profits to Enhabit (formerly Encompass Home Health), adding a material constraint to the company’s financial profile.