Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Britain Courts Anthropic Amid US Defense Department Dispute 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
MISSION VIEJO, Calif., Nov. 18, 2016 -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, medical transportation, assisted living and urgent care companies, announced today that Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, acquired the assets of River City Hospice LLC, a provider serving the Northern Idaho region from an office in Post Falls, Idaho.
“River City Hospice is a strategic addition to our growing home health and hospice portfolio,” said Christopher Christensen, Ensign’s President and Chief Executive Officer. “We are committed to improving access to and quality of care in healthcare communities across the State of Idaho, and we are pleased to expand our services into the Coeur d’Alene region.”
“We are excited to partner with River City’s clinical and professional staff and community partners in building a world-class hospice team in Northern Idaho,” said Cornerstone’s President Daniel Walker. “Our unique operating model,” Mr. Walker continued, “which allows local clinical and operational leaders to focus on meeting the unique needs of their patients, employees and communities, will help ensure that all patients in a relatively underserved area have access to life changing hospice care.”
Mr. Walker affirmed that he expects the operations to be mildly accretive to earnings in 2017. With the acquisition, Cornerstone subsidiaries now operate eighteen hospice operations, seventeen home health operations, and three home care operations in nine western states.
Mr. Walker reaffirmed that Cornerstone is actively seeking additional opportunities to acquire both well-performing and struggling home health, hospice, and home care operations across the United States.
About EnsignTM:
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services, urgent care services and other rehabilitative and healthcare services at 209 healthcare facilities, eighteen hospice agencies, seventeen home health agencies, three home care businesses and fourteen urgent care clinics in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska, Oregon, Wisconsin, Kansas and South Carolina. More information about Ensign is available at http://www.ensigngroup.net.
CONTACT: The Ensign Group, Inc., (949) 487-9500, [email protected]
