Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of a skilled nursing facility in Boise, ID, and another facility in Duncanville, TX, enhancing its healthcare portfolio [1][2][10] Group 1: Acquisitions - The Boise facility has 120 beds and will be operated by a tenant entity affiliated with Ensign [1] - The Duncanville facility has 124 beds and will be operated under a long-term triple net lease arrangement [2] - Both acquisitions became effective at the beginning of July 2025 [2] Group 2: Portfolio Expansion - Following these acquisitions, Ensign Group's portfolio now includes 348 healthcare operations across 17 states, with 44 locations offering senior living services [4] - The company owns 146 real estate assets through its subsidiaries, including Standard Bearer [4] Group 3: Strategic Motives - The company aims to expand into various U.S. communities, addressing gaps in care availability and supporting underserved populations [5] - Management is focused on opportunistic real estate buyouts and leasing struggling healthcare businesses [6] Group 4: Revenue Growth Potential - The increase in skilled nursing facilities allows Ensign to serve a broader patient population, potentially driving revenue growth in its Skilled Services segment, which accounted for 97.5% of total revenues in Q1 2025 [7] - The Texas acquisition is expected to enhance rental income through triple-net lease agreements, shifting property-related expenses to tenants [8] Group 5: Market Performance - Ensign Group's shares have increased by 17.8% over the past year, outperforming the industry growth of 12.5% [9]

Each of the 350+ businesses are run independently encompassing services delivered by more than 50,500 employees. We foster an entrepreneurial culture of ownership coupled with a field-driven, flat structure. Our independent subsidiaries offer a broad spectrum of post-acute care including skilled nursing, senior living, ancillary businesses and healthcare- related properties. E N S I G N G R O U P INVESTOR PRESENTATION M a y 2 0 2 5 w w w . e n s i g n g r o u p . n e t Table Of Contents Portfolio Our Servic ...

The Ensign Group (ENSG) 2025 Conference May 20, 2025 09:30 AM ET Speaker0 Everyone, I'm Ben Hendrix, health care services and managed care analyst here at RBC Capital Markets. We're very pleased today to have management from the Ensign Group. We are hosting Barry Port, chief executive officer, Chad Keetch, chief financial officer, and president Steve Farnsworth. So thank you guys very much for joining us today. Speaker1 Great to be here. Speaker0 Yeah. So, Craig, congratulations on a record setting first qu ...