Following growth momentum begun earlier this year, The Ensign Group began September with the acquisition of seven skilled nursing facilities in Colorado, and one in Kansas.
In Colorado, the the San Juan Capistrano, CA-based company acquired:
Broadview Health and Rehabilitation Center, a 100-bed SNF in Greeley,
Desert Willow Health and Rehabilitation Center, a 106-bed SNF in Pueblo;
Junction Creek Health and Rehabilitation Center, a 133-bed SNF in Durango,
Linden Place Health and Rehabilitation Center, a 110-bed SNF in Longmont,
Pelican Pointe Health and Rehabilitation Center, a 104-bed SNF in Windsor,
Riverbend Health and Rehabilitation Center, a 100-bed SNF in Loveland, and
Westlake Lodge Health and Rehabilitation Center, a 107-bed SNF in Greeley.
“We are thrilled to continue our recent expansion in Colorado. These operations are a perfect fit within our existing footprint in the state,” CEO Barry Port said Tuesday.
In a separate transaction, Ensign acquired the operations of Prairie Ridge Health and Rehabilitation, a 102-bed SNF in Overland Park, KS.
“This operation is another tremendous facility in Kansas, where we have been experiencing fantastic growth over the past year,” Port stated.
The Sept. 1 transactions bring The Ensign Group’s portfolio to 323 healthcare operations, 29 of which also include senior living operations, across 14 states. Ensign subsidiaries, including Standard Bearer, own 122 real estate assets.
The latest transactions are part of the company’s ongoing strategy to seek out opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States, according to Port.
Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66d7eff28514461aa7fc65d2cc211914&url=https%3A%2F%2Fwww.mcknightsseniorliving.com%2Fnews%2Fensign-group-expands-footprint-in-colorado-kansas-with-8-acquisitions%2F&c=6269071359816278670&mkt=en-us
Author :
Publish date : 2024-09-03 13:00:00
Copyright for syndicated content belongs to the linked Source.