Industry Notes:
Post-Acute Parent Co. Buys Utah Home Care Provider
Published on Wed Apr 20, 2011
A subsidiary of The Ensign Group Inc. has acquired Symbii Home Health and Hospice based in Sandy, Utah, with branch offices in Layton and Orem. Symbii will be operated by a subsidiary of Cornerstone Healthcare Inc., Ensign's home health and hospice-based portfolio subsidiary, the Mission Viejo, Calif.-based post-acute parent company says in a release. It joins Horizon Home Health and Hospice, Ensign's existing home health and hospice operation in Idaho, and Custom Care Hospice, Ensign's hospice in the Dallas market. More home care acquisitions may be in Ensign's future. "Ensign is actively seeking additional opportunities to acquire both well-performing and struggling long-term and short-term care operations across the United States," it says.