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preceptorhc.com

Founded Year

2003

Stage

Acquired | Acquired

About Preceptor Health Care

Preceptor Health Care is an umbrella organization for three companies: Mueller Therapy, which provides in-home physical therapy, occupational and speech therapy; Easy Living Home Health Care, which provides skilled nursing services; and Serenity Hospice Care, which provides an in-home hospice care team of medical directors, nurses, social workers, chaplains and bereavement specialists.

Preceptor Health Care Headquarter Location

W175 N11117 Stonewood Drive

Germantown, Wisconsin, 53022,

United States

(262) 293-3951

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Latest Preceptor Health Care News

The Ensign Group Acquires Home Health and Hospice Operations in Wisconsin

Jun 6, 2019

| Source: The Ensign Group, Inc. MISSION VIEJO, Calif., June 05, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, acquired the assets of Preceptor Health Care, which provides home health, hospice, and therapy services in eastern Wisconsin. The acquisition was effective June 1, 2019. “This strategic acquisition allows Cornerstone to partner with Ensign’s skilled nursing and senior living facilities in the area,” said Christopher Christensen, Ensign’s President and Chief Executive Officer. "Providing this full range of services," Christensen continued, "gives us a unique opportunity to improve outcomes and reduce rehospitalization rates for those patients who entrust us with their care." “Preceptor has a deeply committed team that has set a high standard for providing exceptional home health, hospice, and therapy services in eastern Wisconsin,” said Daniel Walker, Cornerstone’s President and Chief Executive Officer. “We are pleased to continue and seek to enhance the strong community partnerships with hospitals, physician groups, skilled nursing facilities and senior living communities, including some of our own Ensign affiliates, as we seek to provide life changing service to patients across eastern Wisconsin.” In a separate transaction on the same day, Ensign announced that it acquired the real estate and operations of Golden Palms Rehabilitation and Retirement, a 60-bed skilled nursing operation and a senior living center with 38 assisted living beds and 92 independent living units. This acquisition was also effective June 1, 2019. These acquisitions bring Ensign's growing portfolio to 198 skilled nursing operations, 27 of which also include assisted living operations, 56 assisted and independent living operations, 27 hospice agencies, 26 home health agencies and nine home care businesses across sixteen states. Ensign owns the real estate at 77 of its 254 healthcare operations. Mr. Walker reaffirmed that Cornerstone is actively seeking additional opportunities to acquire both strategic and underperforming 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 and other rehabilitative and healthcare services at 254 healthcare facilities, 27 hospice agencies, 26 home health agencies and nine home care businesses in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska, Oregon, Wisconsin, Kansas, South Carolina, Oklahoma, and Wyoming. More information about Ensign is available at http://www.ensigngroup.net. The Ensign Group, Inc., (949) 487-9500, ir@ensigngroup.net SOURCE: The Ensign Group, Inc. Related Articles

  • When was Preceptor Health Care founded?

    Preceptor Health Care was founded in 2003.

  • Where is Preceptor Health Care's headquarters?

    Preceptor Health Care's headquarters is located at W175 N11117 Stonewood Drive, Germantown.

  • What is Preceptor Health Care's latest funding round?

    Preceptor Health Care's latest funding round is Acquired.

  • Who are the investors of Preceptor Health Care?

    Investors of Preceptor Health Care include The Ensign Group.

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