Ensign Group Acquires New Operations in Kansas

SAN JUAN CAPISTRANO, Calif., Sept. 3, 2024 (GLOBE NEWSWIRE) — Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ family of companies that invest in and provide nursing and senior care services, physical therapy, occupational and speech therapy, other rehabilitation and health care services, and real estate, today announced that it has acquired the operations of Prairie Ridge Health and Rehabilitation, a 102-bed nursing facility located in Overland Park, Kansas. The acquisition was effective September 1, 2024 and is subject to a long-term triple-net lease.

“This is another incredible facility in Kansas, where we have seen fantastic growth over the past year,” said Barry Port, Ensign CEO.

Dave Jorgensen, president of Gateway Healthcare LLC, a Kansas-based subsidiary of Ensign, added, “With this new acquisition, we are deepening our commitment to the broader healthcare market in Kansas City and look forward to integrating this operation with our existing operations. We look forward to working with local leadership in this area to continue to provide outstanding care to residents and families in this area.”

On the same day, Ensign announced that in a separate transaction it had acquired the following nursing facilities in Colorado: Desert Willow Health and Rehabilitation Center106-bed nursing facility located in Pueblo, Colorado; Junction Creek Health & Rehabilitation Center133-bed nursing facility located in Durango, Colorado; Pelican Pointe Health & Rehabilitation Center104-bed nursing facility located in Windsor, Colorado; Riverbend Health and Rehabilitation Center100-bed nursing facility located in Loveland, Colorado; Broadview Health & Rehabilitation Center100-bed nursing facility located in Greeley, Colorado; Westlake Lodge Health & Rehabilitation Center107-bed nursing facility located in Greeley, Colorado; Linden Place Health and Rehabilitation Center110-bed nursing facility in Longmont, Colorado. These new facilities will be subject to long-term triple net leases.

Together, these acquisitions became effective September 1, 2024 and increase Ensign’s growing portfolio to 323 healthcare operations, 29 of which include senior living operations, in fourteen states. Ensign’s subsidiaries, including Standard Bearer, own 122 real estate assets. Mr. Port confirmed that Ensign is actively seeking opportunities to acquire and lease both successful and struggling skilled nursing, senior living and other healthcare-related businesses throughout the United States.

About Ensign™

The independent subsidiaries of Ensign Group, Inc. provide a broad spectrum of skilled nursing and senior services, physical therapy, occupational therapy, speech therapy, and other rehabilitation and health care services in 323 healthcare facilities in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Tennessee, Texas, Utah, Washington, and Wisconsin. For more information about Ensign, visit https://www.ensigngroup.net.

Contact Information

Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.