Navigation Links
The Ensign Group, Inc. Reports Third Quarter 2008 Earnings; Reaffirms 2008 Guidance
Date:10/30/2008

-private rooms. The rest of the facility is now being updated and remodeled, and two three-bed wards in the existing building have been reconfigured to more comfortably serve two patients each, for a net gain of 30 new operational beds during the quarter. With the project's completion, eight existing beds which had been listed as non-operational during the construction project are back in service as well.

Ensign won the right to build the additional beds in 2006 after successfully navigating Washington's certificate of need process, including several appeals. Proceeds of Ensign's initial public offering were used to complete the construction.

Other Developments

On October 28, 2008 Ensign subsidiaries acquired the assets of four skilled nursing facilities in Texas and California for an aggregate purchase price of approximately $10.4 million. The four facilities include 426 skilled nursing beds. Ensign operating subsidiaries have been operating the three Texas facilities since 1999 and the California facility since 2001. The operating subsidiaries will continue to operate their facilities under new long-term leases with the acquiring entities. The prior lease agreements did not contain purchase options.

Proceeds of Ensign's recent IPO were used to fund the transactions. Management expects the acquisitions to be immediately accretive to earnings.

With the Texas and California acquisitions the Company operates 62 facilities in six Western states, owns 32 of its facilities and operates the other 30 facilities under long-term lease arrangements, with options to purchase eight of those 30 leased facilities.

Conference Call

A live webcast will be held on Friday, October 31, 2008, at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) to discuss Ensign's third quarter fiscal year 2008 financial results. To listen to the webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit t
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. The Ensign Group, Inc. Acquires Four Skilled Nursing Facilities
2. The Ensign Group Schedules 2008 Third Quarter Earnings Call for Friday, October 31, 2008
3. The Ensign Group, Inc. Reports Second Quarter 2008 Earnings of $.32 per Diluted Share and Raises 2008 Guidance
4. The Ensign Group Schedules 2008 Second Quarter Earnings Call for Thursday, August 7, 2008
5. The Ensign Group to Present at the FBR Capital Markets 12th Annual Spring Investor Conference on May 29th
6. The Ensign Group, Inc. Acquires Utah Skilled Nursing Facility
7. The Ensign Group, Inc. Reports First Quarter 2008 Earnings
8. The Ensign Group Schedules 2008 First Quarter Earnings Call for Thursday, May 8, 2008
9. The Ensign Group, Inc. Reports Fourth Quarter 2007 Earnings
10. The Ensign Groups Year-End Conference Call Scheduled for Friday, March 7, 2008
11. The Ensign Group Establishes $50 Million Credit Facility with GE Healthcare Financial Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... Relias Learning, the leader in SaaS-based training and ... announced it has been named to the Inc. 5000 list ... , In the three-year period from 2010 to 2013, Relias ... on the Inc. 5000 list to 1,025 from the company’s ... we serve continue to grow, and the need for quality ...
(Date:9/18/2014)... PlatinumCode, a leading manufacturer and ... for the healthcare industry, announced earlier this month ... of their profits of the sale of eligible ... the announcement, PlatinumCode has launched various marketing efforts ... and hospital labs with their popular “Pink Packs” ...
(Date:9/18/2014)... “Awesome” is the way Emily W. describes ... Today) Internship Program at ARDX ( http://www.ardx.net ). ... program as “Inspirational” and “Life-changing,” respectively. None of ... would be doing during their summer internship. Stacie ... other mindless tasks,” but, instead she was doing real, ...
(Date:9/18/2014)... HealthDay Reporter WEDNESDAY, Sept. ... number of post-traumatic stress disorder symptoms are almost three times ... study suggests. The findings don,t prove a direct ... food. And it,s also possible that certain women are prone ... Still, the research seems to add to existing evidence ...
(Date:9/18/2014)... Fit Body Boot Camp , an internationally ... the country and its popularity, as both a franchise and ... in 2014. , The company’s annual business conference, the ... Costa Mesa, CA on September 26 and 27, and is ... Bedros Keuilian, who is also considered the leading fitness marketing ...
Breaking Medicine News(10 mins):Health News:Relias Learning Named to Inc. 5000 List for Second Consecutive Year 2Health News:PlatinumCode Commits to Donating Five Percent of Profits from the sale of Pink Products to Support Breast Cancer Awareness 2Health News:ARDX Internship Helps Students to START on the Right Business Path 2Health News:ARDX Internship Helps Students to START on the Right Business Path 3Health News:ARDX Internship Helps Students to START on the Right Business Path 4Health News:PTSD Link to Food Addiction Seen in Report 2Health News:PTSD Link to Food Addiction Seen in Report 3Health News:With Fit Body Boot Camp World Conference Nearing, Founder Explains the Fitness Boot Camp Franchise’s Success 2Health News:With Fit Body Boot Camp World Conference Nearing, Founder Explains the Fitness Boot Camp Franchise’s Success 3
... MONDAY, Oct. 31 (HealthDay News) --,The longer they live in ... immigrants will develop health problems, a new study says. ... Nutrition Examination Survey and discovered a dramatic increase in obesity, ... in the United States for more than 20 years. ...
... developed a new way to assess a common cause ... Disease Activity Index. A study describing the index was ... Annual Scientific Meeting and Postgraduate Course in Washington. The ... severity. "Until now, physicians have not ...
... on nutrients carried to them by the blood stream. ... hallmark of cancer, and studies have shown that preventing ... To better understand the relationship between cancer and the ... of the complete network of blood vessels in organs. ...
... Tech-savvy teens with acne used their medicine more frequently ... a new study from Wake Forest Baptist Medical Center ... test whether a weekly Internet-based communication could improve teenagers, ... "Dermatologists have a number of effective topical agents for ...
... Surgeons at UK HealthCare recently became the first ever to ... transplantation. Wanda Craig, of Lexington, Ky., is the first patient ... of 68, she is also the oldest living human to ... known as an extracorporeal membrane oxygenation (ECMO). For more ...
... could help GPs to speed up the diagnosis and ... common forms of cancer, potentially saving thousands of lives ... and ClinRisk Ltd have shown that the algorithm is ... lung cancer at an earlier stage by ,red-flagging, potentially ...
Cached Medicine News:Health News:Life in U.S. Not Always a Plus for Immigrants' Health 2Health News:The power of the Internet: It helps improve teens' acne 2Health News:UK HealthCare surgeons are first to perform novel procedures prior to transplant 2Health News:UK HealthCare surgeons are first to perform novel procedures prior to transplant 3Health News:Computer-based tool to improve diagnosis and prognosis for cancer patients 2Health News:Computer-based tool to improve diagnosis and prognosis for cancer patients 3Health News:Computer-based tool to improve diagnosis and prognosis for cancer patients 4
(Date:9/18/2014)... 18, 2014 MiMedx Group, Inc. (NASDAQ: ... and marketer of patent protected regenerative biomaterials and ... that it has entered into a distribution agreement ... provide its dehydrated human amnion/chorion membrane ("dHACM") allograft ... on a private label basis. The ...
(Date:9/18/2014)... ANN ARBOR, Mich. , Sept. 18, 2014 /PRNewswire-USNewswire/ ... Medical Research will allow the University of Michigan to ... The Glenn Center for Aging Research ... growing evidence that drugs can slow the effects of ... to unlock mechanisms of aging that can help develop ...
(Date:9/18/2014)... announces the list of stocks featured in the Analyst ... the latest news and events impacting stocks and the ... Avanir Pharmaceuticals (Nasdaq: AVNR - Free Report ), ... Orexigen (Nasdaq: OREX - Free Report ), Medivation ... (Nasdaq: GILD - Free Report ). ...
Breaking Medicine Technology:MiMedx Signs Distribution Agreement With Zimmer 2MiMedx Signs Distribution Agreement With Zimmer 3$3 M grant funds Paul F. Glenn Center for Aging Research at the University of Michigan 2$3 M grant funds Paul F. Glenn Center for Aging Research at the University of Michigan 3The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 2The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 3The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 4The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 5The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 6
... ANGELES, Sept. 29, 2011 A west coast secret is ... All the way from Beverly Hills, California, a health and ... headlines ( www.endlessyouthandlife.com ).  A clinically tested dietary supplement is ... shown in less than 4 weeks of use.  Just a ...
... Awarepoint Corporation , the leading provider ... announced today that it received Frost & Sullivan,s ... Strategy Leadership Award .  The award recognizes ... and workflow automation solutions that significantly differentiates Awarepoint ...
Cached Medicine Technology:Beverly Hills Secret Now Helping People Across The Country 2Awarepoint Corporation Receives Frost & Sullivan's 2011 North American RFID and RTLS Healthcare Competitive Strategy Leadership Award 2Awarepoint Corporation Receives Frost & Sullivan's 2011 North American RFID and RTLS Healthcare Competitive Strategy Leadership Award 3
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: