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:6/25/2016)... ... ... Austin residents seeking Mohs surgery services, can now turn to Dr. Jessica ... Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to include Mohs ... Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn Goldstein, ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding emergency ... its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. Ogunleye ... M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. Ogunleye ...
(Date:6/25/2016)... ... 25, 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the ... to iHire in recognition of their exemplary accomplishments in worksite health promotion. , The ... Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one ...
(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced traumatic events may suffer ... unhealthy avenues, such as drug or alcohol abuse, as a coping mechanism. To avoid ... healthy coping following a traumatic event. , Trauma sufferers tend to feel a range ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary ... Dallas that it will receive two significant new grants to support its work ... marked its 25th anniversary by recognizing patients, medical professionals and scientists for their ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 The vast ... an outpatient dialysis facility.  Treatments are usually 3 times ... hours per visit, including travel time, equipment preparation and ... patient, but especially grueling for patients who are elderly ... a skilled nursing and rehabilitation centers for some duration ...
(Date:6/23/2016)... , June 23, 2016  Experian ... integrating and transforming the patient payment and ... several innovative new products and services that ... its revenue cycle offerings. These award-winning solutions ... efficient workflows, remain compliant in an ever-changing ...
(Date:6/23/2016)... June 23, 2016  The National Pharmaceutical Council ... the health policy research organization as its newest ... MD, senior vice president and chief scientific officer, ... on the NPC Board of Directors. ... Mallinckrodt has joined us in support of our ...
Breaking Medicine Technology: