Breaking Down Ensign’s Home Health and Hospice Spinoff Plans

Mission Viejo, California-based The Ensign Group Inc. (Nasdaq: ENSG) unveiled plans Monday to spin off its home health, hospice and senior living businesses into The Pennant Group, a separate publicly traded company. Expected to close by the end of 2019, the Pennant spinoff will consist of 60 home health and hospice agencies and 51 senior […]

Home Health Continues to Gain Steam Despite Projections of Down Admissions

Despite expectations that home health admissions in the U.S. would drop in Q3 2018, both home health admissions and utilization continued to increase slightly quarter-over-quarter. Meanwhile, Centers for Medicare & Medicaid Services (CMS) data shows hospice utilization rose to record-breaking levels in the third quarter of 2018, while hospice admission growth declined slightly. The findings […]

LifeMatters Hires New COO, HHS Inspector General to Resign

HomeCare.com alum joins LifeMatters Silver Spring, Maryland-based home care provider LifeMatters has hired a new COO. Daniel Gold comes to the position after serving as executive vice president and COO of HomeCare.com, which offers tools and technologies to connect families and caregivers. Gold has worked in different capacities within the post-acute care since the early […]

Dedicated Hospice News Site Launches — Subscribe Today

Aging Media Network on Tuesday launched its fifth digital publication, Hospice News, which covers the $28 billion business of hospice and palliative care. As demand for hospice continues to grow, Hospice News will provide industry insights, information and analysis that leaders, investors, and policymakers need to navigate this evolving business and regulatory landscape. Visit www.hospicenews.com for the […]

Encompass Health to Acquire Alacare Home Health & Hospice for $217.5 Million

Encompass Health Corporation (NYSE: EHC) announced Monday that it has reached a definitive agreement to acquire “substantially all of the assets” of Birmingham, Alabama-based Alacare Home Health & Hospice. Under terms of the deal, Encompass Health will pay $217.5 million for the privately-owned company, SEC filings show. The more than $200 million price tag for […]