Business Briefs: InnovAge’s For-Profit Conversion

InnovAge Converts to For-Profit to Fund The NextFifty Initiative InnovAge, a Denver, Colorado-based provider of in-home care services, affordable senior housing and other health care and day programs, has finalized an agreement with private equity firm Welsh, Carson, Anderson & Stowe (WCAS) to expand its services and convert from a non-profit entity to a for-profit. […]

Business Briefs: Ensign, Covenant Care Acquisitions

Ensign Group Acquires Iowa Hospice The Ensign Group (NASDAQ: ENSG), which owns and operates a diverse portfolio of senior care service companies, on May 1 acquired the assets of a hospice company in Iowa, the company has announced. Hospice for Wright County now will be owned and operated by Heartland Healthcare Inc., a subsidiary of […]