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 […]

Ensign’s Cornerstone in Buy-Now Mode, CEO Says

Cornerstone Healthcare — the large in-home care provider organization under The Ensign Group Inc. (NYSE: ENSG) umbrella — is actively seeking opportunities to acquire both well-performing and struggling home health, hospice and home care operations across the United States. That’s according to Cornerstone President and CEO Daniel Walker, who hinted at future M&A moves following […]

Ensign CEO: Home Health, Hospice Segment Growth Likely to Outpace Skilled Nursing

The Ensign Group (Nasdaq: ENSG) achieved its highest-ever adjusted earnings per share during the fourth quarter of 2018, the company announced Wednesday. That’s thanks in part to growth and success in the California-based provider’s home health and hospice services segment. Growth within the space will likely outpace that of Ensign’s skilled nursing subset, President and […]

Highest Paid CEOs in Home Health Last Year

CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]

Highest Paid Chief Executives in Home Health Care

While it’s fair to assume that some of the country’s biggest publicly traded home health care companies pay their chief executives well, some earn more than others. In 2016, CEOs at HealthSouth (NYSE: HLS), Kindred Healthcare (NYSE: KND) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation—a figure that includes base salary, stock awards, […]

Home Health M&A Stays Flat In Fourth Quarter

Following some slippage in the third quarter, the final quarter of 2016 remained steady in home health and hospice mergers and acquisitions. With uncertainty still looming over the future of the Affordable Care Act (ACA) under a new presidential administration, home health and hospice M&A decreased a bit when compared to the fourth quarter of 2015, […]

Business Briefs: Alliance Homecare To Roll Out Three New Services

Editor’s note: Home Health Care News will be observing the Thanksgiving holiday on Thursday, Nov. 24 and Friday, Nov. 25. We will return to our regular posting schedule on Nov. 28. Alliance Homecare Celebrates 10 Years, Three New Services Concierge home health care provider Alliance Homecare is celebrating its 10-year anniversary with three new initatives. One […]

Editor’s Picks: Politics, Labor Costs and Dementia

Earnings season is in full swing, and Home Health Care News got the scoop on how various providers fared in the second quarter of 2016. Among those we reported on, we discovered that rising labor costs are taking their toll on even the most prominent home health providers, and that a CFO retirement at Amedisys Inc. […]