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Slide #33. The Ensign Group, Inc. — Elite Home Health and Hospice
Acquirer:
The Ensign Group, Inc. (NASDAQ:ENSG)
Acquiree:
Elite Home Health and Hospice
Details:
The Ensign Group, Inc., the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health and hospice care, assisted living and urgent care companies, announced today that it has acquired Elite Home Health and Hospice from Tri-State Memorial Hospital located in Clarkston, Washington. Elite will bring Ensign's community-based home health and hospice care to the communities of Eastern Washington and Northern Idaho.
Ensign Group is a holding company. Through its subsidiaries, Co. provides skilled nursing, senior living and rehabilitative services, as well as other ancillary businesses. Co.'s segments are: skilled services, which includes the operation of skilled nursing facilities and rehabilitation therapy services; and Co.'s subsidiary, Standard Bearer Healthcare REIT, Inc., which includes select properties owned by Co. and leased to skilled nursing and senior living operations, including Co.'s subsidiaries and third-party operators. Co. also reports an all other category that includes its senior living operations, mobile diagnostics, transportation, other real estate and other ancillary operations.
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Buy (3.40 out of 4) 52nd percentile
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