The Ensign Group Acquires Home Health and Hospice Operations in Oklahoma City, Oklahoma
November 07 2017 - 12:15PM
The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the
Ensign™ group of skilled nursing, rehabilitative care services,
home health care, hospice care, medical transportation, 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 Excell Home Care and
Hospice and Excell Private Care Services in Oklahoma City, Oklahoma
effective November 1, 2017.
“We are very pleased to announce our entry into
the Oklahoma Market,” said Christopher Christensen, Ensign’s
President and Chief Executive Officer. “We believe that Ensign’s
unique operating model leads to the best outcomes for patients,
employees and the communities we serve, and we look forward to
making a positive impact in Oklahoma City and throughout the
State.”
“For two decades Excell has set a high standard
for quality home health, hospice, and home care services in
Oklahoma,” said Cornerstone’s President Daniel Walker. “We
are grateful to continue that legacy,” Walker continued, “by
partnering with Excell’s talented clinical and professional staff
to provide life changing home health and hospice services.”
With the acquisition, Cornerstone subsidiaries
now operate twenty home health operations, twenty-two hospice
operations, and four home care operations across eleven states.
Mr. Walker reaffirmed that Cornerstone is
actively seeking additional opportunities to acquire both
well-performing and struggling home health, hospice, and home care
operations across the United States.
About
Ensign™:
The Ensign Group, Inc.'s independent operating
subsidiaries provide a broad spectrum of skilled nursing and
assisted living services, physical, occupational and speech
therapies, home health and hospice services and other
rehabilitative and healthcare services at 230 healthcare
facilities, twenty-two hospice agencies, twenty home health
agencies and four home care businesses in California, Arizona,
Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska,
Oregon, Wisconsin, Kansas, Oklahoma and South Carolina. More
information about Ensign is available at
http://www.ensigngroup.net.
CONTACT: The Ensign Group, Inc., (949) 487-9500,
ir@ensigngroup.net
Ensign (NASDAQ:ENSG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ensign (NASDAQ:ENSG)
Historical Stock Chart
From Sep 2023 to Sep 2024