Pennant Group Hits Home Run with Q3 M&A, Hospice Census Growth

Acquisitions and a nearly 30% rise in hospice patient census gave a substantial boost to third quarter earnings at the Pennant Group, Inc. (NASDAQ: PNTG). Pennant emerged earlier this year as a hospice, home health and senior living spin-off from The Ensign Group (NASDAQ: ENSG). As part of the spin off, Ensign’s stockholders were given […]

AngMar Medical Holdings Enters Hospice Market Via Acquisition

Mansfield, Texas-based home health provider AngMar Medical Holdings Inc., has entered the hospice space with the acquisition of its first agency, located in Wichita, Kan. The location will operate under AngMar’s new brand, Angels Care Hospice. Financial terms of the acquisition were not disclosed.  The name of the acquired hospice in Wichita is confidential per […]

The Ensign Group Completes Pennant Group Spin-Off

The Ensign Group (NASDAQ: ENSG) has completed the spin-off of The Pennant Group Inc., (NASDAQ: ENSG), which separates Ensign’s home health and hospice segments from its skilled nursing, rehabilitation care services, senior living and other holdings. As part of the spin off, Ensign’s stockholders were given one share of Pennant common stock for every two […]

The Ensign Group Acquires Agape Hospice & Palliative Care

Cornerstone Healthcare, Inc., the hospice and home health subsidiary of The Ensign Group, Inc. (NASDAQ: ENSG), has acquired the assets of Tucson, Ariz.-based Agape Hospice and Palliative Care. Financial terms were not disclosed.  Agape will not rebrand as a result of this transaction and will retain staff and management. The hospice will become part of […]