The Ensign Group Adds Another Skilled Nursing Facility in Colorado

Core Insights - The Ensign Group, Inc. has acquired two skilled nursing facilities, expanding its operations in Colorado and Arizona, effective June 1, 2024 [1][3] - The acquisitions increase Ensign's portfolio to 312 healthcare operations across fourteen states, with a focus on skilled nursing and senior living services [4] Group 1: Acquisitions - Ensign acquired The Springs at St. Andrews Village, a 58-bed skilled nursing facility in Aurora, Colorado [1] - In a separate transaction, Ensign acquired Wellsprings of Gilbert, a 32-bed skilled nursing facility in Gilbert, Arizona, with real estate acquired by its subsidiary Standard Bearer Healthcare REIT, Inc. [3] Group 2: Growth Strategy - Ensign's CEO, Barry Port, expressed excitement about growth in Colorado, emphasizing the organization's commitment to setting standards in post-acute care [2] - The company is actively seeking opportunities to acquire both well-performing and struggling skilled nursing and senior living facilities across the United States [4] Group 3: Operational Overview - Ensign's subsidiaries, including Standard Bearer, own 120 real estate assets, supporting its healthcare operations [4] - The company provides a wide range of services, including skilled nursing, senior living, and various rehabilitative therapies across its 312 facilities [5]