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Posts tagged with "Ensign"

Arizona News

Ensign Acquires SNFs in Mesa as SNF Bed Prices Decline & M&A Soar

Citrus Heights Respiratory and Rehabilitation, a 204-bed skilled nursing facility, and Springdale Village Post Acute, a 122-bed skilled nursing facility, both located in Mesa, are now part of the Ensign Group. According to a recent industry report, SNF bed prices have dropped year over year from $97,700 to $83,800 in 2024 - way below the...
SNF News: Ensign's Arizona Footprint & Q1 Financials, Investigating Understaffing Arizona News

SNF News: Ensign's Arizona Footprint & Q1 Financials, Investigating Understaffing

The for-profit Ensign Group has kept up its pace of acquisitions in 2023 reporting 19 new facilities in neighboring states California and Colorado. A giant in the skilled nursing facility space, a local analysis found Ensign owns about 30% of SNF beds in Arizona. Ensign's national footprint includes 290 healthcare operations, 26 of...
Arizona News

Banner Health & Olio Health Expand Partnership - Serving MA, MA Duals & Now Medicaid Members

The partnership began in the spring with 15,000 Banner Health Medicare Advantage (MA) Duals during their stay in a skilled nursing facility (SNF) and now has expanded to 135,000 members across four additional Banner Health MA plans and Banner University Family Care, its flagship Medicaid plan. Olio Health, digital communication...
Arizona News

Ensign Group May Take Top Spot From Genesis HealthCare - New Arizona Addition: Fountain Hills Post Acute

On October 3, Ensign acquired the real estate and operations of the 64-bed skilled nursing facility located in Fountain Hills as industry experts predict the skilled nursing provider could soon become the largest in the nation based on its rapidly growing portfolio of properties. The October announcement also included more SNF...
Arizona News

Ensign Purchases Mesa's Mission Palms Post Acute

Ensign Group's Arizona-based subsidiary, Bandera Healthcare had its eye on acquiring a skilled nursing facility (SNF)  in Mesa; the December deal was announced alongside the news that Ensign had acquired the operations of four SNFs in Dallas. Ensign acquired the real estate and operations of Mission Palms Post Acute, a skilled...
Arizona News

Ensign Group's Arizona Additions: Hospice Services in Tucson & SNF in Surprise

This month, Ensign expanded its home health and hospice portfolio when it acquired on Aug. 1 the real estate and operations of Agape Hospice and Palliative Care, which provides hospice services out of a home office in Tucson; this week it grew its footprint with a similar acquisition bundle: Surprise Health and Rehabilitation Center, a...
National Resources

Ensign Group Plans to Spin Off Home Health, Hospice and Senior Living Businesses

The Pennant Group, a separately traded company, but a wholly-owned subsidiary of Ensign, would pick up Ensign’s home health and hospice operations, most of its senior living operations, plus mobile diagnostic and clinical laboratory operations. Once the deal is complete The Ensign Group, Inc., will limit itself to transitional and...
Arizona News

Phoenix Mountain Post Acute SNF Sold to Ensign

The five-star rated, 130-bed skilled nursing facility is located on North Tatum in Phoenix - The Ensign Group (Bandera Healthcare is a subsidiary) confirmed the acquisition was effective April 1 Christopher Christensen, Ensign’s president and CEO said the company is actively seeking opportunities to acquire real estate and to lease...
Arizona News

Ensign Group Positions Skilled Nursing Properties As Poised for Enormous Growth

During this year's second quarter, Ensign Group said its strategies for underperforming skilled nursing facilities (SNFs), which included removing old leadership teams, pushed its SNF revenue to $286.3 million, an increase of 4 percent, year over year. According to Ensign's CEO Christopher Christensen, the acquisition of SNFs in 2017...
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