Cornerstone Healthcare Group (Cornerstone) recently announced the acquisition of Phoenix, Arizona-based Southland Home Health (Southland). Southland provides quality, comprehensive, and multidisciplinary health care to individuals in the comfort of their own homes.
With the transaction, Southland’s home health will build onto Cornerstone’s existing service areas: specialty hospitals, behavior health, and senior living. To date, Southland is one of the top 10 home health agencies in Maricope County, and will continue to operate under its own name even after the acquisition. Adding to the news of the acquisition, Cornerstone also formed a new partnership with the launch of a joint venture with Lake Charles Memorial Health System (Lake Charles), which will see Cornerstone operating Lake Charles’s long term acute care hospital facility.
Cornerstone Healthcare Group, based in Dallas, Texas, was founded in 1990, and provides three service lines in seven states: eighteen specialty hospitals, eight senior living, and one behavioral health hospital. Cornerstone prides itself in its qualify of care, responsive service, and commitment to excellence.
This was reported by Cision PR Newswire on March 15, 2019.