MISSION VIEJO, Calif., Nov. 02, 2015 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, assisted living and urgent care companies, announced today that its subsidiary has acquired the underlying real estate of Somerset Subacute and Rehabilitation, a 46-bed skilled nursing facility in El Cajon, California. An Ensign subsidiary has been operating the facility since December of 2014 under a long-term lease. The acquisition was effective November 1, 2015.
"With this addition to our real estate portfolio, we continue to demonstrate our long-term commitment to the San Diego County healthcare community,” said Christopher Christensen, Ensign's President and Chief Executive Officer. “We are grateful to the dedicated team of clinicians that continue to build on the outstanding reputation they’ve created,” he added.
In separate transactions on the same day, Ensign announced that it acquired two skilled nursing facilities in Arizona and the operations and real estate of a skilled nursing facility in West Columbia, South Carolina, its first operation on the East Coast. Both transactions were also effective November 1, 2015.
These acquisitions bring Ensign's growing portfolio to 182 skilled nursing and assisted living operations, twenty-nine of which are owned, fourteen hospice agencies, fifteen home health agencies, three home care businesses and seventeen urgent care clinics across 14 states. Mr. Christensen reaffirmed that Ensign continues to see a very healthy pipeline for growth opportunities within its existing footprint and in new markets. He also indicated that the organization is actively seeking several other transactions to acquire real estate and to lease both well-performing and struggling skilled nursing, assisted living and other healthcare related businesses.
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services, urgent care services and other rehabilitative and healthcare services at 182 facilities, fourteen hospice agencies, fifteen home health agencies, three home care businesses and seventeen urgent care clinics in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska, Oregon, Wisconsin, Kansas and South Carolina. More information about Ensign is available at http://www.ensigngroup.net.
Contact Information The Ensign Group, Inc., (949) 487-9500, firstname.lastname@example.org
Source:The Ensign Group, Inc.