Ensign Group on the move

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.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs