The Ensign Group (NASDAQ: ENSG) acquired Symbii Home Health and Hospice, a home health and hospice agency with branches in Utah.
Effective as of May 15th, 2011, the company will be operated by a subsidiary of Conerstone Healthcare, Ensign’s home health and hospice-based portfolio subsidiary.
“We are pleased with the growth and development of our home health and hospice businesses thus far, and this lateral diversification broadens Ensign’s reach into that business,” said Christopher Christensen, Ensign’s President and Chief Executive Officer. “More importantly,” he added, “the Symbii acquisition reflects the increasing depth of our long-term commitment to the vibrant Utah healthcare community and our existing operations there.”
It joins Horizon Home Health and Hospice, Ensign’s existing home health and hospice operation in Idaho, and Custom Care Hospice, Ensign’s hospice operation in the Dallas, Texas market.
“We are anxious to build on Symbii’s outstanding reputation for quality care and patient outcomes,” said Daniel Walker, Cornerstone’s President. “We admire the great work done by the former owners and the incredible Symbii staff, and look forward to working with staff as they continue to strengthen their partnerships with patients and families to provide superior care,” he added.