The Ensign Group Acquires Skilled Nursing Facility in Arizona

Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of Wellsprings of Gilbert, a 32-bed skilled nursing facility in Gilbert, Arizona, effective June 1, 2024 [1] - The company also acquired the operations at The Springs at St. Andrews Village, a 58-bed skilled nursing facility in Aurora, Colorado, on the same day [4] - These acquisitions expand Ensign's portfolio to 312 healthcare operations across fourteen states, including 29 that also provide senior living services [5] Company Strategy - Ensign's CEO, Barry Port, expressed enthusiasm about the Arizona acquisition, highlighting it as a valuable addition to Standard Bearer's portfolio [2] - The company is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses throughout the United States [5] Operational Focus - Ensign aims to collaborate with local healthcare communities and caregivers to meet the clinical and social needs of residents [3] - The company operates a broad spectrum of healthcare services, including skilled nursing and various therapies, across its facilities [6]