The Ensign Group Grows in Colorado

Core Insights - The Ensign Group, Inc. has acquired the operations of City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility in Denver, Colorado, effective August 1, 2024, under a long-term, triple net lease [1] - The company also announced the acquisition of Greater Southside Health and Rehabilitation, a 76-bed facility in Des Moines, Iowa, and Holly Heights Care and Rehabilitation, a 133-bed facility in Denver, Colorado, all effective August 1, 2024 [3] - Following these acquisitions, Ensign's portfolio expands to 315 healthcare operations across 14 states, with 29 of these also including senior living operations [4] Company Strategy - Ensign's CEO, Barry Port, expressed excitement about the growth in Colorado, highlighting the company's established clinical reputation over the past 15 years [2] - The company is actively seeking opportunities to acquire real estate and lease both well-performing and struggling skilled nursing and senior living facilities throughout the United States [4] - Ensign's subsidiaries, including Standard Bearer, currently own 122 real estate assets [4] Operational Overview - The Ensign Group operates a broad spectrum of skilled nursing and senior living services, as well as various rehabilitative and healthcare services across 315 facilities in multiple states [5]