Ensign Enters Oregon, Alaska with Providence Portfolio Acquisition
Skilled Nursing News December 18, 2024
The Ensign Group (Nasdaq: ENSG) will be adding eight facilities from Providence Home and Community Care across four states: Alaska, Washington, Oregon and California.
This marks the first time the San Juan Capistrano, California-based company is expanding into Alaska and Oregon, Ensign Chief Investment Officer Chad Keetch said in a statement. This brings Ensign’s growing portfolio to 330 health care operations across 16 states.
“We have proven Ensign leaders that will be planting the flag in both these new markets, and they will be looking to expand and establish new clusters in the future,” Keetch said. The move follows other acquisition announcements by Ensign throughout the year, with the group in May adding eight properties in six states, and another...