Home Health, Hospice and Home Care Q1 M&A Report

May 28th, 2019|

Home Health, Hospice and Home Care M&A Report: Q1 2019 May 28, 2019 As expected, the first quarter of 2019 saw a slight dip in home health, hospice and home care dealmaking activity, [...]

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Behavioral Health Composite – May 2019

June 18th, 2019|

Behavioral Health Composite May, 2019 Behavioral Healthcare Stocks down 16.5% in May The Behavioral Health Composite, which tracks investor interest in the three public behavioral healthcare companies – Acadia Healthcare (ACHC), American Addiction Centers (AAC), and Universal Health Services (UHS) – was down 7.2% for the [...]

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RECENT NEWS

Consolidated Care To Become TCN Behavioral Health

June 10th, 2019|0 Comments

Clients receiving addiction and mental health services will notice an administrative change in their care beginning next month. Consolidated Care Inc. will be acquired by TCN Behavioral Health Services, effective July 1, but patients will see no particular changes to their care, or fee structure. “CCI decided to seek a partnership with another agency because it wanted the ability to provide a wider array of services,” according to a letter mailed to current CCI clients. “CCI conducted an extensive search within the region looking for that opportunity.

Ascend Hospice Extends Services to San Juan, Puerto Rico

June 10th, 2019|0 Comments

Ascend Hospice, a top hospice and palliative care provider with offices in 7 states, is extending its services into and across the island of Puerto Rico with the acquisition of Grace Hospice, based in San Juan. Ascend Hospice is dedicated to providing innovative, quality hospice and palliative care to the communities we serve to help our patients live better lives. The acquisition of Grace Hospice allows Ascend Hospice to provide the communities of the commonwealth with the care and compassion Ascend is known for. The business will operate across the island under its new name, Grace Hospice Puerto Rico, and will provide hospice care to those with terminal diagnoses and palliative care to those suffering chronic pain.

The Ensign Group Acquires Home Health and Hospice Operations in Wisconsin

June 5th, 2019|0 Comments

MISSION VIEJO, Calif., June 05, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, acquired the assets of Preceptor Health Care, which provides home health, hospice, and therapy services in eastern Wisconsin. The acquisition was effective June 1, 2019. “This strategic acquisition allows Cornerstone to partner with Ensign’s skilled nursing and senior living facilities in the area,” said Christopher Christensen, Ensign’s President and Chief Executive Officer. "Providing this full range of services," Christensen continued, "gives us a unique opportunity to improve outcomes and reduce rehospitalization rates for those patients who entrust us with their care."

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