MISSION VIEJO, Calif., March 20, 2014 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG ), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, assisted living and urgent care companies, announced a new partnership with Mainstreet Property Group, the country's most-innovative developer of transitional care centers, to operate five new NextGeneration ® Medical Resorts. Ensign and Mainstreet will team up in the states of Texas and Kansas, breaking ground in Waco, Plano, Olathe, Overland Park and Kansas City, to build and operate state-of-the-art, full-service healthcare resorts with a wide array of activities and services in comfortable, spa-like surroundings. The companies have also signed a development agreement to grow the relationship and partner on additional locations.
"Ensign is very excited to have the opportunity to work with a cutting-edge developer that shares our vision for patient-centered healthcare in an environment that is carefully designed to cater to the evolving demands of the growing population of Baby Boomers," said Christopher Christensen, Ensign's President and Chief Executive Officer. "Adding these facilities to our growing number of operations provides yet another lever we can pull as we seek to become the provider of choice in every market we serve," he added.
"Mainstreet is thrilled to partner with a company like Ensign, which feels as passionately as we do that aging Americans desire and deserve more than the generation before them – more services, more amenities, more attention," said Zeke Turner, Mainstreet Chairman & CEO. "This partnership also provides Mainstreet the opportunity to broaden our footprint, and deliver high-end, hospitality-oriented amenities to aging Americans in more states."
Mainstreet's proven track record and shared vision for the senior housing and care industry was an important driver in the development of their relationship with Ensign. This partnership further solidifies Ensign's desire to transform the industry with an innovative approach to delivering healthcare to aging Americans.
About Ensign TM
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services, urgent care services and other rehabilitative and healthcare services at 120 facilities, seven hospice companies, nine home health businesses and ten urgent care clinics in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska and Oregon. More information about Ensign is available at http://www.ensigngroup.net .
About Mainstreet®
Indiana-based Mainstreet is the nation's most-innovative developer of short-stay rehabilitation properties, known for acquiring and developing desirable, concierge-based healthcare properties. The company's industry-leading Next Generation(r) designs meet the demands of the Baby Boomer, creating communities with multiple social destinations, restaurant-style dining, spacious private rooms and baths, and therapy/wellness. Mainstreet was named to the Inc 500/5000 list of fastest-growing companies in 2010, 2011 and 2012. For additional information, visit www.mainstreetcap.net .
The Ensign Group, Inc., (949) 487-9500, SOURCE: The Ensign Group, Inc.
