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The Ensign Group Acquires Two Skilled Nursing Facilities in Idaho
Globenewswire· 2025-06-02 20:05
SAN JUAN CAPISTRANO, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of Ironwood Rehabilitation and Care Center, an 80-bed skilled nursing facility located in Coeur d’Alene, Idaho and Lakeside Reha ...
The Ensign Group to Present at the 2025 RBC Capital Markets Global Healthcare Conference
Globenewswire· 2025-05-13 10:00
SAN JUAN CAPISTRANO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it will participate in the 2025 RBC Capital Markets Global Healthcare Conference on May 20, 2025. Barry Port, Chief Executive Officer; Chad Keetch, Chief In ...
The Ensign Group Adds Skilled Nursing Facility in Washington
GlobeNewswire News Room· 2025-05-02 10:00
Core Insights - The Ensign Group, Inc. has acquired Marianwood Health and Rehabilitation, a 117-bed skilled nursing facility in Issaquah, Washington, effective May 1, 2025, as part of a larger acquisition of seven facilities from Providence Home and Community Care announced in December 2024 [1][3] Group 1: Acquisition Details - The acquisition includes both the real estate and operations of the facility, with the real estate being acquired by Standard Bearer Healthcare REIT, Inc., a subsidiary of Ensign [1] - This acquisition expands Ensign's portfolio to 344 healthcare operations, including 44 senior living operations across 17 states [3] Group 2: Strategic Importance - The CEO of Ensign, Barry Port, emphasized the importance of this facility in enhancing their existing locations and building a strong portfolio in the northwest [2] - Steve Farnsworth, President of Pennant Healthcare LLC, highlighted the strategic fit of this operation for their growth in Washington and the commitment to providing quality care [3] Group 3: Future Plans - Ensign is actively seeking further opportunities to acquire real estate and lease both well-performing and struggling skilled nursing and senior living facilities across the United States [3]
The Ensign Group Adds Two Operations in California
Globenewswire· 2025-04-02 10:00
Core Insights - The Ensign Group, Inc. has acquired operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility, both located in Los Alamitos, California, effective April 1, 2025 [1][2] - In a separate transaction, Ensign acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, with real estate assets purchased by Standard Bearer Healthcare REIT, Inc. [3][4] - The recent acquisitions expand Ensign's portfolio to 343 healthcare operations, including 44 senior living operations across 17 states, with 143 real estate assets owned by its subsidiaries [5][6] Company Strategy - Ensign's CEO expressed enthusiasm about adding these operations to their mature market, indicating a focus on building upon existing strengths [2] - The company aims to enhance clinical excellence in the newly acquired facilities by leveraging proven operating principles [3] - Ensign is actively seeking further acquisition opportunities in skilled nursing, senior living, and healthcare-related businesses throughout the United States [5]
The Ensign Group Purchases Two Facilities in Washington
GlobeNewswire News Room· 2025-04-02 10:00
Core Insights - The Ensign Group, Inc. has announced the acquisition of multiple healthcare facilities, expanding its portfolio in the skilled nursing and senior living sectors [1][2][4] Group 1: Acquisitions - Ensign acquired Emilie Court Assisted Living, a 60-unit facility in Spokane, Washington, and Mother Joseph Care Center, a 152-bed skilled nursing facility in Olympia, Washington, both under long-term triple net leases [1][2] - In a separate transaction, Ensign acquired Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, with operations managed by an Ensign-affiliated tenant [2] - Additional acquisitions include Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit facility, both located in Los Alamitos, California, also under long-term triple net leases [3] Group 2: Portfolio Expansion - As of April 1, 2025, Ensign's portfolio includes 343 healthcare operations, comprising 44 senior living operations across 17 states [4] - Ensign subsidiaries, including Standard Bearer, own a total of 143 real estate assets [4] - The company is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses throughout the United States [4]
The Ensign Group Expands in California
Newsfilter· 2025-04-02 10:00
Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, effective April 1, 2025 [1] - The acquisition is part of Ensign's strategy to expand its footprint in mature markets and enhance the portfolio of its subsidiary, Standard Bearer Healthcare REIT, Inc. [2] - In addition to Pacific Haven, Ensign also acquired the operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility, both located in Los Alamitos, California [3] - Standard Bearer also acquired the real estate for Emilie Court Assisted Living, a 60-unit senior living facility in Spokane, Washington, and Mother Joseph Care Center, a 152-bed skilled nursing facility in Olympia, Washington, both under long-term triple-net leases [4] - These acquisitions increase Ensign's portfolio to 343 healthcare operations, including 44 senior living operations across 17 states, with 143 real estate assets owned by its subsidiaries [5] Company Strategy - Ensign is actively seeking opportunities to acquire real estate and lease both well-performing and struggling skilled nursing, senior living, and other healthcare-related businesses throughout the United States [5] - The company aims to continue the legacy of high-quality care at the newly acquired facilities, emphasizing the importance of clinical reputation and community partnerships [3]