The Ensign Group (ENSG) acquires Englewood Post-Acute and Rehabilitation, an 82-bed skilled nursing facility in Englewood, CO and Ranier Rehabilitation, a 117-bed skilled nursing facility in Puyallup, WA. The combined occupancy of the two operations is 71%. Together, they will be mildly accretive to earnings in 2014.
The firm also acquires two skilled nursing facilities in Wisconsin: the 95-bed Pine Manor Healthcare Center and the 60-bed Greentree Health & Rehabilitation Center.
Financial terms are not disclosed.