2015 Kicks Off with Home Healthcare Buys

The Ensign Group, a company that provides a variety of home healthcare and rehabilitative services acquired Scottsdale, Ariz.-based, Alarys Home Health.  Alarys has offered home care and home health services since 2003.  The Ensign Group operates in eleven states and over 100 facilities, primarily in the Western U.S.
 

Addus HomeCare Corporation is a long-standing provider (since 1979) of personal and adult day care services.  The company is headquartered in suburban Chicago and operates in 19 states.  Their January 1 acquisition of Priority Home Health Care, Inc. expands their footprint in Ohio with six offices in the Cleveland, Akron and Columbus areas.  >>Read more

Hats off to U.S. Physical Therapy…

Forbes recognized the operator of outpatient physical therapy as a Top 100 U.S. small business.  Its #60 ranking is impressive as is its operational footprint - approximately 450 clinics in over 40 states.  Founded in 1990 and currently headquartered in Houston, U.S. Physical Therapy has close to 2000 employees.  

Kudos to other healthcare services companies appearing on the latest Forbes America's Best Small Companies list:  

• Metropolitan Health Networks
• Air Methods
• Bio-Reference Laboratories
• HealthStream
• HMS Holdings
• Ensign Group

Inclusion was based on earnings growth, sales growth, ROE in the past 12 months and over 5 years.
Source:  The Motley Fool

Plus 2 for The Ensign Group

The Ensign Group, Inc. ended the month of May with two more assisted living facilities under its corporate umbrella.  With operations primarily in the western US, the company now enters California's Central Coast region and complements existing facilities in the greater Salt Lake City-area.

118 Facilities in 11 States 

Last week’s acquisitions continue the company’s expansion of its assisted living base, increasing Ensign’s healthcare facility portfolio to 118 in 11 states.  Ensign group service companies include skilled nursing, rehabilitative care, home health care, hospice care, urgent care in addition to assisted living.

The Ensign subsidiary, Bridgestone Living, Inc. will oversee the transition of the 110-unit Santa Maria Terrace (Santa Maria, CA) and 69-unit Lake Ridge Senior Living (Orem, UT).   

>>Read More about Ensign's California and Utah acquisitions.