The Pennant Group Inc. (Nasdaq: PNTG) announced that a subsidiary of Cornerstone Healthcare Inc. — its home health and hospice portfolio company — has agreed to form a home health joint venture with San Diego-based Scripps Health, a nonprofit health system. The deal is expected to be finalized in the third quarter of 2020. The […]
Scripps Health
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Home Instead Appoints Jeff Huber as CEO Home Instead, Inc., the franchisor for Home Instead Senior Care, a leading […]
Scripps Health became the owner of a hospice hospital this week after winning a head-to-head bidding war against Sharp HealthCare. Offering up the winning bid of $16.55 million, Scripps became the owner of the the former San Diego Hospice hospital and eight-acre property in Hillcrest. “We are very pleased to have this facility, which was […]
Following a federal audit and internal investigation last year, San Diego Hospice (SDH) announced Monday that it has filed for Chapter 11 bankruptcy. The decision comes as a result of many months of financial and other challenges, said President and CEO Kathleen Pacurar. One of those challenges was an investigation by the Health and Human […]
Despite troubled job growth in most sectors across the United States, home health care jobs are set to boom, says a recent report by USA Today. Health care needs among the aging population and home care demand in general is leading to a surge in job openings among occupations such as nursing, the article states, […]
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