The Ensign Group, Inc. ENSG announced that an Ensign subsidiary has acquired Symbii Home Health and Hospice, a well-regarded home health and hospice agency based in Sandy, Utah, with branch offices in the cities of Layton and Orem, Utah. The acquisition was effective as of May 15, 2011.
"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."
Symbii will be operated by a subsidiary of Cornerstone Healthcare, Inc., Ensign's home health and hospice-based portfolio subsidiary. 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.
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