Another large health system is breaking into home health care and hospice. Dallas, Texas-based Cornerstone Healthcare Group made its first dive into the spaces earlier this month with the acquisition of Phoenix, Arizona-based Southland Home Health. Financial terms of the deal were not disclosed. The acquisition is the first of many similar deals in the […]
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 […]
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, […]
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, […]
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, […]
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 […]
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. […]
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. […]
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: Hometown Home Health & Hospice Expanding Fleet in Central Michigan Hometown Home Health & Hospice is expanding and upgrading […]
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: The Ensign Group Acquires Home Health Operations in California The Ensign Group, Inc. (NASDAQ: ENSG) — the parent company […]
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