The Ensign Group Acquires Post Acute Care Campus in Texas
03 Noviembre 2023 - 4:00AM
The Ensign Group, Inc. (Nasdaq: ENSG), the parent company
of the Ensign™ group of companies, which invest in and provide
skilled nursing and senior living services, physical, occupational
and speech therapies, other rehabilitative and healthcare services,
and real estate, announced today that it acquired the real estate
and operations of Champions Healthcare at Willowbrook, a healthcare
campus consisting of a 98-bed skilled nursing facility and a
144-bed assisted living facility located in Houston, Texas. The
real estate was acquired by a subsidiary of Standard Bearer
Healthcare REIT, Inc., Ensign’s captive real estate company, and
the acquisition was effective November 1, 2023.
“We are thrilled to grow our presence in Texas
with the addition of this healthcare campus, which we have had our
eye on for some time,” said Barry Port, Ensign's Chief Executive
Officer. “This acquisition greatly enhances our existing operations
in the Houston market,” he added.
Andy Ashton, President of Keystone Care LLC,
Ensign’s Texas-based subsidiary added, "We are excited to work
together with the local healthcare communities and an outstanding
team of caregivers as we strive to exceed the needs of each
resident and the families we are honored to serve."
This acquisition brings Ensign's growing
portfolio to 297 healthcare operations, 27 of which also include
senior living operations, across thirteen states. Ensign
subsidiaries, including Standard Bearer, own 113 real estate
assets. Mr. Port reaffirmed that Ensign is actively seeking
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.
About Ensign™
The Ensign Group, Inc.'s independent operating
subsidiaries provide a broad spectrum of skilled nursing and senior
living services, physical, occupational and speech therapies and
other rehabilitative and healthcare services at 297 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.
Contact Information
The Ensign Group, Inc., (949) 487-9500,
ir@ensigngroup.net
SOURCE: The Ensign Group, Inc.
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