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Health Related Groups

The Ensign Group Acquires Three Skilled Nursing Facilities in Colorado

April 14th, 2021 Emma Ascott Colorado Resources, Health Related Groups

The Ensign Group Inc., the parent company of the EnsignTM group of companies, which provide skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, has acquired the operations of three skilled nursing facilities in Colorado:

  • Boulder Canyon Health and Rehabilitation, a 140-bed skilled nursing facility located in Boulder
  • Berthoud Care and Rehabilitation, a 76-bed skilled nursing facility located in Berthoud
  • South Valley Post-Acute Rehabilitation, a 106-bed skilled nursing facility located in Denver

These acquisitions are subject to a long-term, triple-net lease. The seller and price were not disclosed. This transaction brings Ensign’s portfolio to 235 healthcare operations, 22 of which also include assisted living operations, across 13 states. Ensign owns 94 real estate assets, according to Rebusiness Online.

Last August The Ensign Group acquired the real estate and operations of a post-acute care retirement campus located in Tempe, AZ. The acquisition includes Tempe Post Acute, a 62-bed skilled nursing facility, and Desert Marigold Senior Living of Tempe, a senior living center with 72 assisted living beds and 90 independent living units.

According to Globe Newswire, Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, assisted living and other healthcare related businesses throughout the United States.

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Next article Owner of Southern Arizona Health Care Equipment Company Oxicheck Northwest Sentenced to 36 Months for Defrauding Medicare
Previous article Valleywise Health Collaborates with LiteraSeed to Reduce Health Disparities and Barriers to Care

Emma Ascott

Walter Cronkite School of Journalism and Mass Communication at ASU

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