Navigation Links
The Ensign Group, Inc. Reports Second Quarter 2008 Earnings of $.32 per Diluted Share and Raises 2008 Guidance
Date:8/6/2008

pool and underwater treadmill for aquatic therapy, is complemented by an outdoor therapy garden that offers a wide variety of activities and exercises for rehabilitation patients.

The new wing opened on July 14th, and beds are filling more rapidly than expected. Ensign won the right to build the additional beds in 2006 after successfully navigating Washington's sometimes-arduous certificate of need process, including several appeals. Ensign subsequently purchased the existing 79-bed skilled nursing facility, which it had operated under lease from a national REIT since 2000, prior to making the capital investment in the addition and accompanying upgrades. Proceeds of Ensign's recent initial public offering were used to complete the construction. Work continues on renovations and other improvements to the existing physical plant, which are expected to be completed shortly.

Other Developments

On May 1, 2008, the Company acquired a 120-bed skilled nursing facility in Orem, Utah, its first new facility acquisition since going public in 2007. The Company used approximately $2.0 million of its initial public offering proceeds to acquire and assume a favorable long-term lease on the facility.

The Orem facility has expanded and enhanced the company's overall presence in the Utah market, and is on track to be mildly accretive to earnings in 2008. More importantly, it has provided Ensign with the critical mass necessary to reorganize its Utah/Idaho market into a fully-functioning, standalone portfolio subsidiary known as Milestone Healthcare, Inc. Ensign CEO Christopher Christensen expressed gratitude to the leaders of Ensign portfolio subsidiary Keystone Care, which has been supporting the Utah/Idaho market since Ensign first entered Utah in July 2006. He added, "The advent of Milestone will not only allow us to focus more closely on the largely untapped potential of our Utah/Idaho market, it will also allow our key leadership in Keystone, which co
'/>"/>

SOURCE The Ensign Group, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related medicine news :

1. The Ensign Group Schedules 2008 Second Quarter Earnings Call for Thursday, August 7, 2008
2. The Ensign Group to Present at the FBR Capital Markets 12th Annual Spring Investor Conference on May 29th
3. The Ensign Group, Inc. Acquires Utah Skilled Nursing Facility
4. The Ensign Group, Inc. Reports First Quarter 2008 Earnings
5. The Ensign Group Schedules 2008 First Quarter Earnings Call for Thursday, May 8, 2008
6. The Ensign Group, Inc. Reports Fourth Quarter 2007 Earnings
7. The Ensign Groups Year-End Conference Call Scheduled for Friday, March 7, 2008
8. The Ensign Group Establishes $50 Million Credit Facility with GE Healthcare Financial Services
9. The Ensign Group Successfully Graduates Troubled Nursing Home from CMS Special Focus Facility Program
10. The Ensign Group, Inc. Announces the Appointment of Covey C. Christensen as President of Its Flagstone Subsidiary
11. The Ensign Group, Inc. Reports Third Quarter 2007 Earnings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2015)... 28, 2015 Designers and Professionals of ... entitled Scratches 5K from Pixel Film Studios. , “Scratches ... any media inside Final Cut Pro X” Said Christina ... time and is an effective tool for any FCPX ... Scratches 5K's intuitive grunge overlays. Simply drag title layers ...
(Date:3/28/2015)... CA (PRWEB) March 28, 2015 ... specialists , this week released a report about the ... symptoms of asthma sufferers, and according to recent medical ... , According to the Environmental Protection Agency, people ... asthmatic reactions. Breathing in mold may trigger asthma attacks ...
(Date:3/27/2015)... Island, NY (PRWEB) March 27, 2015 ... cancer-focused training and business criteria for the spa and ... services to clients who have experienced or are living ... the global Spafinder Wellness 365® Network, will be identified ... and recognized as a provider of safe, therapeutic services ...
(Date:3/27/2015)... The federal court overseeing thousands of ... medication increases the risk that a patient will develop ... Dismiss four individual cases that had been filed in ... in the U.S. District Court, District of South Carolina, ... were warranted because the plaintiffs in those claims had ...
(Date:3/27/2015)... March 27, 2015 Top medical tourism ... patients travel to the Dominican Republic to benefit from ... clinic is turning the medical tourism industry upside-down and ... — with trustworthy services becoming the central influence. ... plastic surgeon. Patients are not only attracted to low-cost ...
Breaking Medicine News(10 mins):Health News:Pixel Film Studios Unveiled Scratches 5k for Final Cut Pro X Editors 2Health News:Water Damage Restoration Specialists Servpro of Paso Robles Release Report on Mold and Asthma 2Health News:Water Damage Restoration Specialists Servpro of Paso Robles Release Report on Mold and Asthma 3Health News:Hands On HealthCare Massage Therapy & Wellness Day Spa Certified as “Cancer Aware” by Wellness for Cancer and Recognized on Spafinder.com 2Health News:Hands On HealthCare Massage Therapy & Wellness Day Spa Certified as “Cancer Aware” by Wellness for Cancer and Recognized on Spafinder.com 3Health News:Hands On HealthCare Massage Therapy & Wellness Day Spa Certified as “Cancer Aware” by Wellness for Cancer and Recognized on Spafinder.com 4Health News:Lipitor Lawsuits Move Forward in Federal Multidistrict Litigation, as Court Rules on Pfizer’s Motion to Dismiss Certain Cases 2Health News:Lipitor Lawsuits Move Forward in Federal Multidistrict Litigation, as Court Rules on Pfizer’s Motion to Dismiss Certain Cases 3Health News:Dominican Republic Plastic Surgery Provider Turning Medical Tourism Upside-Down 2Health News:Dominican Republic Plastic Surgery Provider Turning Medical Tourism Upside-Down 3
... many as 178 newborn babies died at a government-run ... Amar Agrawal told the state assembly Tuesday . ... about the lack of basic medical facilities at the ... reported 424 deaths of newly born babies in 2006 ...
... bird flu antibodies in migrant birds in five Siberian regions, ... ,"Out of over 4,000 samples taken in the ... to contain genetic material of the A-H5 virus and antibodies ... spokesman said the presence of antibodies meant that either the ...
... two studies indicate that elevated nonfasting triglyceride levels ... heart attack , with one study finding that ... this association. ,Triglyceride levels are usually ... certain types of lipoprotein particles (remnant lipoproteins), a ...
... patients a short course of corticosteroids after they have been ... of a relapse, a Cochrane Systematic Review has found. ... benefit lasts for about three weeks. ,This updated ... together involved 374 people. ,,Between 12% and 16% of ...
... is a more effective way of losing weight after pregnancy ... during pregnancy and many gradually lose it afterwards, but some ... retained body weight may be one factor that contributes to ... of returning to, and maintaining, pre-pregnant weights, and there is ...
... (saline) into your nose can help reduce the symptoms ... of the nasal passages. , ,Between 5% and ... passages (chronic rhinosinusitis). Many homoeopathic and yogic forms of ... symptoms, and it is now often recommended as part ...
Cached Medicine News:Health News:High Nonfasting Triglyceride Levels Linked With Cardiovascular Risks 2
(Date:3/27/2015)... According to a new market research report ... Ablation Catheter (Cryoablation, RF, Microwave), Lab Devices (Mapping, Recording, ... Global Forecasts to 2019 ", published by MarketsandMarkets, the Electrophysiology ... by 2019 with a CAGR of around 10.3% during ... Browse   90   ma rket data T ...
(Date:3/27/2015)... 2015   Hospira, Inc. (NYSE: ... the world,s leading provider of injectable drugs and ... evaluation of biosimilarity of its proposed biosimilar, Epoetin ... (FDA) conditionally approved name of RETACRIT™, compared to ... study data were presented at the National Kidney ...
(Date:3/27/2015)... , March 27, 2015 ... 2015" therapeutic market research report of 52 pages ... online business intelligence library. The report ... on the therapeutic development for Visceral Pain, complete ... by drug target, mechanism of action (MoA), route ...
Breaking Medicine Technology:Electrophysiology (EP) Market Worth $4.73 Billion by 2019 2Electrophysiology (EP) Market Worth $4.73 Billion by 2019 3Electrophysiology (EP) Market Worth $4.73 Billion by 2019 4Hospira Clinical Data Shows Proposed Biosimilar, Epoetin Hospira, Demonstrates Pharmacokinetic And Pharmacodynamic Equivalence Compared To Amgen's Epogen 2Hospira Clinical Data Shows Proposed Biosimilar, Epoetin Hospira, Demonstrates Pharmacokinetic And Pharmacodynamic Equivalence Compared To Amgen's Epogen 3Visceral Pain Pipeline Review H1 2015 Market Research Report 2Visceral Pain Pipeline Review H1 2015 Market Research Report 3Visceral Pain Pipeline Review H1 2015 Market Research Report 4
... a world-leading developer and marketer of innovative medical technologies ... Ltd, a wholly-owned subsidiary of ConvaTec Holdings UK Ltd, ... a UK-based company that specialises in the discreet home ... As a well-respected company in the home ...
... President and CEO Randall Moreadith, MD, PhD, reported today that ... advance its lead oncology candidate SER-203 into a Phase I ... pleased to report to our existing and new shareholders the ... 2010. This is a very significant milestone for Serina Therapeutics, ...
Cached Medicine Technology:ConvaTec Announces Acquisition of Trent Direct 2Serina Therapeutics, Inc. Closes $9.5 Million Financing Round 2
1.0% Casein digest (NZ amine), 0.5% Sodium Chloride, 0.5% Yeast Extract, 1.0% bacto casamino acids, 0.2% Mag. Sulfate....
0.5% Yeast Extract, 2.0% Tryp, 10mM Sodium Chloride, 2.5mM Potassium Chloride, 10mM Magnesium Chloride, 10mM Mag. Sulfate....
Innovative hemi device combining anatomic design with the advanced material pyrocarbon....
3.2% Tryptone, 2.0% Yeast Extract, 0.5% Sodium Chloride, pH 7.5....
Medicine Products: