Skilled Nursing News August 2, 2024
The Ensign Group (Nasdaq: ENSG) announced Friday that it has acquired several skilled nursing facilities in Iowa and Colorado.
Ensign acquired the real estate and operations of Greater Southside Health and Rehabilitation, an 76-bed skilled nursing facility located in Des Moines, Iowa. The real estate was acquired by a subsidiary of Standard Bearer Healthcare, Ensign’s captive real estate company, with the acquisition being effective as of August 1, 2024.
“We are thrilled to add this operation and excited to continue our recent growth in Iowa,” Barry Port, Ensign’s chief executive officer, said in a press release. “This acquisition also provided another great opportunity to add to Standard Bearer’s growing portfolio in the Midwest.”
Dave Jorgensen, President of Gateway Healthcare,...
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