The Ensign Group Acquires Puget Sound Home Health
The Ensign Group (NASDAQ: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, hospice care, assisted living and urgent care companies, announced today that it has acquired Puget Sound Home Health, a home health agency certified by the Joint Commission on Accreditation of Healthcare Organizations based in Tacoma, Washington. The acquisition was effective as of January 1, 2013.
"This acquisition broadens Ensign's existing operational base in the important south Puget Sound market," said Christopher Christensen, Ensign's President and Chief Executive Officer. "The combination of this agency along with Ensign's existing operations in the Seattle area further enhances our ability to continue to provide high quality healthcare services to the markets we serve and strengthens our existing operating synergies," he added.
Puget Sound Home Health will be operated by a subsidiary of Paragon Healthcare, Inc., Ensign's home health and hospice-based portfolio subsidiary for the Northwest. "We are proud to be joining a wonderful team of caregivers that have done an amazing job of creating a caring, competent and patient-centered approach to home health care, and Paragon and Ensign are excited to build upon the outstanding foundation of quality