Home Nurse Facilities The Ensign group acquires three qualified nursing establishments

The Ensign group acquires three qualified nursing establishments



SAN JUAN CAPISTRANO, Calif., April 6, 2021 (GLOBE NEWSWIRE) – The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign â„¢ group of companies, which invests in and provides skilled nursing care and housing for Elderly Care, Occupational Therapy, Speech-Language Pathology and other health and rehabilitation services, today announced the acquisition of the operations of the following skilled nursing facilities in Colorado:

Boulder Canyon Health and Rehabilitation, a 140 bed skilled nursing facility located in Boulder, CO;

Berthoud Care and Rehabilitation, a 76 bed skilled nursing facility located in Berthoud, CO; and

South Valley Post Acute Rehabilitation, a 106-bed skilled nursing facility located in Denver, Colorado.

These acquisitions came into effect on April 1, 2021 and will be subject to a long-term triple net lease.

“We are excited to add these operations to our Colorado portfolio and look forward to their contribution to the operations of our same stores in the state,” said Barry Port, president and CEO of Ensign.

Dave Jorgensen, president of Ensign Healthcare, Inc., the Colorado-based subsidiary of Ensign, added, “Each of these operations is well positioned to become the operation of choice in their markets. We are excited to work with our healthcare partners as we strive to provide world-class care to our patients and their families. “

The acquisition brings Ensign’s growing portfolio to 235 healthcare facilities, 22 of which also include assisted living facilities, in thirteen states. Ensign owns 94 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and lease both skilled, high performing and distressed nursing, assisted living and other healthcare related businesses through United States.

About Ensign â„¢

The independently operating subsidiaries of Ensign Group, Inc. provide a wide range of nursing and assisted living services, physical, occupational and speech therapy, and other health and rehabilitation services. in 235 health facilities, in Arizona, California, Colorado, Idaho, Iowa. , Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact details

The Ensign Group, Inc., (949) 487-9500, ir@ensigngroup.net

SOURCE: The Ensign Group, Inc.