Ensign Group expands with new Colorado and Kansas acquisitions

Ensign Group expands with new Colorado and Kansas acquisitions 
Investing.com, San Juan Capistrano, CA; by AI and reviewed by an editor; 9/3/24 
The Ensign Group , Inc. ... has expanded its portfolio with the acquisition of seven skilled nursing facilities in Colorado and one in Kansas, effective September 1, 2024. These facilities, which are now subject to long-term, triple net leases, bring Ensign's total operations to 323 healthcare facilities across fourteen states. The Colorado acquisitions include Desert Willow Health and Rehabilitation Center in Pueblo, Junction Creek Health and Rehabilitation Center in Durango, Pelican Pointe Health and Rehabilitation Center in Windsor, Riverbend Health and Rehabilitation Center in Loveland, Broadview Health and Rehabilitation Center and Westlake Lodge Health and Rehabilitation Center both located in Greeley, and Linden Place Health and Rehabilitation Center in Longmont. In addition, Ensign has acquired Prairie Ridge Health and Rehabilitation in Overland Park, Kansas. These latest acquisitions reflect the company's ongoing strategy to grow its presence in the healthcare sector by acquiring both well-performing and underperforming facilities.