The health care community is bracing itself for a potential widespread outbreak of the COVID 19 coronavirus strain, and hospices are no exception. While hospice patients are in their final days, preventing infections that could cause greater suffering remains essential to the hospice mission. Patients infected with COVID 19 have presented in nearly 70 locations […]
Pennant Group
Cornerstone Healthcare, a subsidiary of hospice, home health and senior living company the Pennant Group (NASDAQ: PNTG), has purchased Montana-based Hospice of Missoula for an undisclosed amount, marking the company’s first foray into that state’s market. Pennant indicated that the company intended to seek out further acquisition opportunities throughout 2020, targeting strategic and underperforming organizations […]
The Ensign Group, Inc. (Nasdaq: ENSG), will not stop or slow its acquisition efforts while awaiting the finalization of their forthcoming hospice and home health spin-off, the Pennant Group. Ensign, a rehabilitation and health care services company, announced that it would spin off its hospice, home health, and senior living operations into a publicly traded […]