{"id":407188,"date":"2021-01-04T06:03:28","date_gmt":"2021-01-04T11:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=407188"},"modified":"2021-01-04T06:03:28","modified_gmt":"2021-01-04T11:03:28","slug":"the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/","title":{"rendered":"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SAN JUAN CAPISTRANO, Calif., Jan.  04, 2021  (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the Ensign<sup>TM<\/sup>\u00a0group of companies, which provide skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it acquired the operations of three skilled nursing facilities in Southern California. The acquisitions were effective January 1, 2021 and will be subject to a long-term, triple net lease. The acquisitions include:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:5pt;margin-bottom:5pt;text-align:justify\">\n          <em>Golden Hill Post Acute<\/em>, a skilled nursing facility with 99 skilled nursing beds located in San Diego, CA;<\/li>\n<li style=\"margin-top:5pt;margin-bottom:5pt;text-align:justify\">\n          <em>St. Catherine Healthcare<\/em>, a skilled nursing facility with 99 skilled nursing beds located in Fullerton, CA; and<\/li>\n<li style=\"margin-top:5pt;margin-bottom:5pt;text-align:justify\">\n          <em>Camino Healthcare<\/em>, a skilled nursing facility with 99 skilled nursing beds located in Hawthorne, CA.<\/li>\n<\/ul>\n<p align=\"justify\">\u201cWe are excited to add these three operations to some of our most mature clusters in California,\u201d said Barry Port, Ensign&#8217;s Chief Executive Officer. \u201cWhile these acquisitions are taking place in the midst of a pandemic, our clinical and operational leadership have been preparing for these acquisitions for several months and we are confident that all the planning and preparation of some of our most experienced leaders will result in a smooth transition,\u201d he added.<\/p>\n<p align=\"justify\">\u201cWe are grateful for the cooperation with the outgoing operator and look forward to working together with the amazing group of clinical professionals that have been working tirelessly in these operations for so long, especially over these last few months,&#8221; added\u00a0Adam Willits, President of Flagstone Healthcare South LLC, Ensign\u2019s California-based subsidiary. \u201cEach of these operations have tremendous organic growth potential and we are anxious to integrate these operations into their respective clusters and to work with our local healthcare partners to provide excellent service to each patient and their families,\u201d he added.<\/p>\n<p align=\"justify\">This acquisition brings Ensign&#8217;s growing portfolio to 231 healthcare operations, 24 of which also include assisted living operations, across thirteen states.\u00a0 Ensign owns 95 real estate assets.\u00a0 Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, assisted living and other healthcare related businesses throughout the United States.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Ensign<\/em><br \/>\n        <\/strong><br \/>\n        <sup><br \/>\n          <strong>TM<\/strong><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"justify\">The\u00a0Ensign Group, Inc.&#8217;s\u00a0independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 231 healthcare facilities, in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yyYVdqSxW0KdVIzeXGur5xflM4ObfG3OWElOQjJk5wvNVPqyZCOwb7f0Qoth2Ox1Zyebt-M_w74RBjH5BaaxCr9zfSBK2dEbkrvu-mHOEQk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.ensigngroup.net<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <em>Contact Information<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">The Ensign Group, Inc., (949) 487-9500, ir@ensigngroup.net<\/p>\n<p>SOURCE: The Ensign Group, Inc.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTcyMCMzOTAyNDE5IzIwMjE2NjM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e45fbdb9-e346-43bb-b55a-839d92c3f7c7\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN JUAN CAPISTRANO, Calif., Jan. 04, 2021 (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the EnsignTM\u00a0group of companies, which provide skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it acquired the operations of three skilled nursing facilities in Southern California. The acquisitions were effective January 1, 2021 and will be subject to a long-term, triple net lease. The acquisitions include: Golden Hill Post Acute, a skilled nursing facility with 99 skilled nursing beds located in San Diego, CA; St. Catherine Healthcare, a skilled nursing facility with 99 skilled nursing beds located in Fullerton, CA; and Camino Healthcare, a skilled nursing facility with 99 skilled &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-407188","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN JUAN CAPISTRANO, Calif., Jan. 04, 2021 (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the EnsignTM\u00a0group of companies, which provide skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it acquired the operations of three skilled nursing facilities in Southern California. The acquisitions were effective January 1, 2021 and will be subject to a long-term, triple net lease. The acquisitions include: Golden Hill Post Acute, a skilled nursing facility with 99 skilled nursing beds located in San Diego, CA; St. Catherine Healthcare, a skilled nursing facility with 99 skilled nursing beds located in Fullerton, CA; and Camino Healthcare, a skilled nursing facility with 99 skilled &hellip; Continue reading &quot;The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T11:03:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTcyMCMzOTAyNDE5IzIwMjE2NjM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California\",\"datePublished\":\"2021-01-04T11:03:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/\"},\"wordCount\":437,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExOTcyMCMzOTAyNDE5IzIwMjE2NjM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\\\/\",\"name\":\"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California - 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The acquisitions include: Golden Hill Post Acute, a skilled nursing facility with 99 skilled nursing beds located in San Diego, CA; St. Catherine Healthcare, a skilled nursing facility with 99 skilled nursing beds located in Fullerton, CA; and Camino Healthcare, a skilled nursing facility with 99 skilled &hellip; Continue reading \"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-04T11:03:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTcyMCMzOTAyNDE5IzIwMjE2NjM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California","datePublished":"2021-01-04T11:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/"},"wordCount":437,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTcyMCMzOTAyNDE5IzIwMjE2NjM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-three-skilled-nursing-facilities-in-southern-california\/","name":"The Ensign Group Acquires Three Skilled Nursing Facilities in Southern California - 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