SAN JUAN CAPISTRANO, Calif., Feb. 02 Feb. 2022 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignMT group of companies, which invests in and provides skilled nursing and senior living services, physical, vocational and speech therapy, other rehabilitation and health care services and real estate, announced today have now acquired the operations of the following skilled nursing facilities in California:
- Arrowhead Springs Healthcare, a 119-bed skilled nursing facility in San Bernardino, California; and
- Desert Mountain Care Centera 99-bed skilled nursing facility located in Indio, California.
The acquisitions became effective February 1, 2022. The acquisition of Arrowhead Springs Healthcare includes the facility’s real estate and operations. The Desert Mountain Care Center will be subject to a long-term triple net lease.
“We are very excited to add these facilities to our California operations, which will strengthen our local clusters and enhance our ability to provide top-notch care to the patients we serve,” said Barry Port, Ensign’s Chief Executive Officer. “We are also excited to continue adding to our ever-growing property portfolio,” he added.
“We are excited to work with caregivers at each of these facilities and local healthcare communities to meet and exceed the clinical, emotional and social needs of each patient and their family,” added Adam Willits, president of Flagstone. Healthcare Central LLC, Ensign’s California-based holding subsidiary.
These acquisitions bring Ensign’s growing portfolio to 248 healthcare operations, 22 of which also include senior living operations, in thirteen states. Ensign owns 101 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and lease both skilled nursing, senior living facilities and other successful and struggling healthcare-related businesses across United States.
About the brandMT
Independent operating subsidiaries of Ensign Group, Inc. provide a wide range of skilled nursing and senior living services, physical therapy, occupational therapy and speech therapy and other rehabilitation and care services across 248 healthcare 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.
The Ensign Group, Inc., (949) 487-9500, [email protected]
SOURCE: The Ensign Group, Inc.