Navigation Links
The Ensign Group Acquires Arizona Skilled Nursing Facility
Date:12/3/2009

YOUNGTOWN, Ariz., Dec. 3 /PRNewswire-FirstCall/ -- The Ensign Group, Inc. (Nasdaq: ENSG), announced today that it has acquired SunView Care Center, an operating skilled nursing and Alzheimer's campus in Youngtown, Arizona, a sister community adjacent to Arizona's Sun City retirement community. The acquisition was effective December 1, 2009.

(Logo : http://www.newscom.com/cgi-bin/prnh/20071213/LATH168LOGO)

"We are pleased to be adding a new facility and new services on the West side of the Phoenix metro area," said Michael Dalton, President and Chief Executive Officer of Ensign's Arizona-based Bandera Healthcare subsidiary. He added that SunView is situated in the center of Northwest Valley's burgeoning 55+ retirement area, directly between Sun City and Sun City West, and just minutes from the area's two major hospitals.

The 127-bed campus includes SunView's 48 skilled nursing beds and 26-bed sub-acute unit, plus Villa Valencia, a 53-bed secure Alzheimer's facility. Ensign paid cash for the Arizona campus.

"We're excited for the opportunity to enhance SunView's excellent reputation and broaden its service offerings in the greater Sun City healthcare market," said Christopher Christensen, Ensign's President and Chief Executive Officer. He added that Ensign expects SunView, which had occupancy at acquisition of approximately 63%, to be accretive to earnings in 2010.

Ensign also acquired three skilled nursing facilities in Texas on December 1. The Texas facilities include the 93-bed Grand Terrace Rehabilitation & Healthcare Center in McAllen; the 100-bed Alta Vista Rehabilitation & Healthcare in Brownsville; and the 95-bed Veranda Rehabilitation & Healthcare in Harlingen. The three facilities join Ensign's well-regarded Village Healthcare & Rehabilitation Center in McAllen, where an Ensign affiliate has been serving the greater Rio Grande Valley since 1999. The Texas facilities were also purchased with cash.

Mr. Christensen reaffirmed that Ensign is actively seeking additional opportunities to acquire both well-performing and struggling long-term care operations across the Western United States. The four acquisitions bring Ensign's growing portfolio to 77 facilities, 46 of which are Ensign-owned. Ensign affiliates hold purchase options on nine of the 31 leased facilities.

About Ensign(TM)

The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, hospice services, and other rehabilitative and healthcare services for both long-term residents and short-stay rehabilitation patients at 77 facilities in California, Arizona, Texas, Washington, Utah, Idaho and Colorado. More information about Ensign is available at http://www.ensigngroup.net.

SOURCE The Ensign Group, Inc.


'/>"/>
SOURCE The Ensign Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. The Ensign Group Acquires Three Texas Skilled Nursing Facilities
2. The Ensign Group Secures $40 Million Loan From GE Capital, Healthcare Financial Services
3. The Ensign Group Reports Third Quarter 2009 Adjusted Earnings of $0.38 per Share
4. The Ensign Group to Present at Oppenheimer 20th Annual Healthcare Conference
5. The Ensign Group Schedules Third Quarter 2009 Earnings Call for Tuesday, November 3, 2009
6. The Ensign Group Acquires Three Utah Skilled Nursing Facilities
7. The Ensign Group Acquires Dallas Skilled Nursing Campus and Hospice Business
8. The Ensign Group, Inc. Declares Quarterly Dividend
9. The Ensign Group Reports Second Quarter 2009 Earnings of $0.39 per Share; Reaffirms 2009 EPS Guidance
10. The Ensign Group Announces Appointment of Healthcare Industry Leader to Board of Directors
11. The Ensign Group Declares Quarterly Dividend
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/20/2017)... , ... January 20, 2017 , ... “The Land of ... attention to the issue of world hunger, and shares the simple and achievable answer. ... devoted husband and member of the Fairview Missionary Church in Angola, Indiana where he ...
(Date:1/19/2017)... ... ... Today, the Centers for Medicare & Medicaid Services (CMS) announced over 359,000 clinicians ... Clinicians who participate in APMs are paid for the quality of care they give ... build a system that delivers better care and one in which clinicians work together ...
(Date:1/19/2017)... ... 19, 2017 , ... Next week after January 20th, the fear for many ... that circumvent health needs of over 30 million. Many interviews with Dr. Carol Francis ... government public servants were suppose to prioritize. Interviews provided below. , Among ...
(Date:1/19/2017)... LINCOLN, R.I. (PRWEB) , ... January 19, 2017 , ... With the cold weather here, ... sidewalks. , Snow blowers are efficient when clearing large amounts of snow, but they can ... tips from the U.S. Consumer Product Safety Commission for the proper use of snow blowers:, ...
(Date:1/19/2017)... ... January 19, 2017 , ... LabRoots , the ... around the world, announces the launch of its newly redesigned website. The sleek ... research breakthroughs and trending news, vital information on upcoming virtual events and webinars, ...
Breaking Medicine News(10 mins):
(Date:1/20/2017)... 2017 Entscheidung fällt ... Die internationale humanitäre Stadt soll um knapp ... Seine Hoheit Scheich Muhammad bin ... Herrscher von Dubai , hat den ... (International Humanitarian City IHC) zu verdreifachen, um den Betrieb ...
(Date:1/19/2017)... 19, 2017 The Global Therapy Partnering Terms ... to partnering deals and agreements entered into by the ... deals - Top deals by value - Deals listed ... type The report provides understanding and access to ... world,s leading healthcare companies. The report provides an ...
(Date:1/19/2017)... 19, 2017 Many patients don,t realize that ... when a pharmacy just a few blocks away charges ... this problem Medicationdiscountcard.com has created a price ... how much their medication will cost at most nearby ... Medicationdiscountcard.com takes all of ...
Breaking Medicine Technology: