Mather LifeWays Sells SNF to Symphony Post Acute Network Evanston, Illinois-based Mather LifeWays has completed the sale of its 142-bed skilled nursing facility, Mather Pavilion, to Symphony Post Acute Network for an undisclosed amount. The sale fulfills a strategic decision by Mather LifeWays to move away from operating freestanding nursing homes. It will not affect […]
Ensign Group
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: 5 Must-Haves for Repositioning a Senior Living Community Building a senior living community is not enough to attract and retain residents, experts say. Developers must implement amenities and plan ahead for what residents are looking for, including wellness, culinary, […]
Ensign Group Acquires Ariz. Senior Care Center for $9M 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 recently the acquisition of the Horizon Post-Acute and Rehabilitation Center, a 196-bed skilled nursing facility in […]
The Ensign Group (Nasdaq: ENSG) announced today it will separate its health care business and real estate business by forming a real estate investment trust spinoff that will leave the former entity as two publicly held companies. Ensign, a national provider of assisted living, skilled nursing, rehab, home health, hospice and other care services, says the […]
The Ensign Group, Inc. (Nasdaq:ENSG) announced Wednesday the acquisition of three skilled nursing facilities (SNF) in Texas. The facilities include San Marcos Rehabilitation and Healthcare Center, a 129-bed SNF in San Marcos; The Courtyard Rehabilitation and Healthcare Center, a 56-bed SNF in Victoria; and La Cila Rehabilitation and Healthcare Center, a 152-bed SNF also in […]
The Ensign Group, Inc. (NASDAQ: ENSG) reported a net income of $13.5 million, or $0.09 per diluted share, for the fourth quarter ended December 31, 2013. The company also reported fourth quarter revenues were up 9.6% to $211.1 million. For the year, revenues were up 10.1% to %55.7 million. Adjusted earnings per share climbed 27.1% to […]
Holiday Retirement Acquires Tex. Independent Living Community Holiday Retirement recently announced the acquisition of Colonial Village, an independent living community in Longview, Tex., for an undisclosed amount. Colonial Village has 131 units and features a library, village church, cinema room, emergency call system, covenience store, and a beauty salon/barber shop. Under the Holiday Retirement operating […]
The Ensign Group, Inc. (NASDAQ: ENSG) announced that one of its subsidiaries has acquired Homecare Solutions, a small home health agency based in Denver, Colorado. “We are pleased with the growth and development of our home health businesses thus far, and this lateral diversification broadens Ensign’s reach into that business,” said Christopher Christensen, Ensign’s President […]