Category Archives: Long Term Care

The Ensign Group Acquisition Strategy Paying Dividends

The Ensign Group (Ensign), a leader in the long-term care market, reported an adjusted net income of $102.1 million for 2018, a 38.3% increase over the previous year. Ensign reported almost $191 million in revenue from its transitional and skilled services segments, a 36% increase over the previous year. Ensign is a holding company with […]

ProMedica’s Leveraging its Strengths in HCR ManorCare Integration

ProMedica recently announced a new Healthy Aging Institute. The new institute “leverages the unique strengths and capabilities of ProMedica and its recently added HCR ManorCare senior living division to help redefine healthy aging, provide a best-in-class experience to the nation’s growing senior population, and drive positive reform. The health system acquired more than 200 ManorCare […]

Genoa Healthcare, a new OptumRx, Continues its Growth

Genoa Healthcare is the largest provider of pharmacy, outpatient telepsychiatry and medication management services

Long-Term Care Deals the Healthcare Transaction Leader in 2018

Long-term care-related mergers and acquisitions topped all other segments in healthcare for deal volume in 2018, according to a new report from PwC. Long-term care transactions represented 412 of 1,182 healthcare deals during the year, according to a report by the firm’s deals practice. Those transactions represented 35% of the volume — the largest percentage of any […]

Genesis Health System Follows Senior Care Expansion Trend

Genesis Health System (GHS) is one of the latest health systems expanding its senior care services. GHS is a four-hospital integrated health system located in the Quad Cities area.

Good Samaritan Society of Sanford Health Looking to Expand

The new company will operate as Good Samaritan Society of Sanford Health