The Ensign Group Expands Portfolio with New Kansas Facility
The Ensign Group Expands Portfolio with New Kansas Facility
The Ensign Group, Inc. (Nasdaq: ENSG), known for its comprehensive range of skilled nursing and senior living services, has recently made a significant move in expanding its operations. The company has acquired Prairie Ridge Health and Rehabilitation, a skilled nursing facility with 102 beds located in Kansas.
Strategic Acquisition to Strengthen Healthcare Presence
This strategic acquisition, effective as of September 1, 2024, comes with a long-term, triple net lease. Barry Port, the Chief Executive Officer of Ensign, expressed his enthusiasm about this addition, noting the company's impressive growth trajectory in Kansas over the past year.
Commitment to Quality Care
Dave Jorgensen, President of Gateway Healthcare LLC, Ensign’s subsidiary in Kansas, emphasized the company’s dedication to enhancing care in the Kansas City healthcare market. He stated, “We are eager to collaborate with local leaders to continue providing outstanding care to residents and their families.” This reflects the company’s goal of integrating new facilities smoothly into its operational framework.
Recent Acquisitions in Colorado
In addition to the Kansas facility, Ensign has also expanded its reach into Colorado by acquiring multiple skilled nursing facilities in a separate transaction. The new facilities include Desert Willow Health and Rehabilitation Center, Junction Creek Health and Rehabilitation Center, and several others, further solidifying Ensign's presence in the region.
Growth and Strategic Objectives
All these acquisitions processed on September 1, 2024, have added to Ensign's burgeoning portfolio, which now encompasses 323 healthcare operations across fourteen states. With 29 of these also offering senior living services, the company continues to diversify and expand its offerings. In addition to the operational growth, Ensign actively seeks real estate opportunities in both successful and struggling healthcare businesses nationwide, maintaining a focus on enhancing its service capabilities.
About The Ensign Group, Inc.
The Ensign Group’s subsidiaries provide a wide array of healthcare services, including skilled nursing and rehabilitative therapies across various states. This commitment to quality and expansive service delivery places them at the forefront of healthcare innovation and patient care.
Contact Information
For further inquiries, contact The Ensign Group, Inc. at (949) 487-9500 or via email at ir@ensignservices.net.
Frequently Asked Questions
What recent acquisitions has The Ensign Group made?
The Ensign Group has recently acquired Prairie Ridge Health and Rehabilitation in Kansas and multiple facilities in Colorado.
How does the new Kansas facility fit into Ensign's growth strategy?
The Kansas facility enhances Ensign's commitment to quality care and expands their footprint in a growing healthcare market.
Who is responsible for managing the new facility in Kansas?
Dave Jorgensen, President of Gateway Healthcare LLC, will oversee the integration and management of operations in Kansas.
What types of services does Ensign provide?
Ensign provides skilled nursing, senior living services, physical therapies, and other rehabilitative healthcare services.
How many facilities does Ensign currently operate?
Ensign operates a total of 323 healthcare facilities in various states across the U.S.
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