The Ensign Group takes over two nursing facilities in California.
M2 PHARMA-August 24, 2011-The Ensign Group takes over two nursing facilities in California(C)2011 M2 COMMUNICATIONS
24 August 2011 - US-based holding company The Ensign Group Inc (NASDAQ:ENSG) announced yesterday it has purchased the underlying real estate and other operating assets of Whittier Hills Healthcare Center, as of 23 August 2011.
Whittier Hills Healthcare Center is a 160-bed skilled nursing facility in Whittier, California and Ukiah Healthcare Center is a 57-bed skilled nursing facility in Ukiah, California. Ensign subsidiaries have been operating the facilities since July of 2000 and January of 2002, respectively, under leases with an option to purchase.
According to Christopher Christensen, Ensign's president and chief executive officer, these purchases reflect the company's deep and long-term commitment to these two communities in particular, and to the state of California generally.
The purchases were made with cash and bring Ensign's growing portfolio to 99 healthcare facilities, 72 of which are Ensign-owned, three hospice companies and three home health businesses across 10 states.
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|Date:||Aug 24, 2011|
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