Ensign Group scoops up 5 Texas nursing homes

The Ensign Group, a publicly traded holding company based in San Juan Capistrano, Calif., has acquired five Texas nursing homes through its real estate company, Standard Bearer Healthcare REIT.

Advertisement

Independent subsidiaries of the Ensign Group will continue to operate the facilities, according to a Feb. 3 news release from the company. 

The company exercised an existing purchase option to acquire four nursing homes in Texas: Beacon Harbor Healthcare & Rehabilitation in Rockwall; Crestwood Health & Rehabilitation Center in Wills Point; Pleasant Manor Healthcare & Rehabilitation in Waxahachie; and Rowlett Health & Rehabilitation Center in Rowlett.

The group acquired Mesquite Post Acute Care in Lubbock, Texas, in a separate transaction.

The Ensign Group now owns 334 healthcare operations across 15 states, the release said.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Post-Acute

  • Vancouver, Wash.-based PeaceHealth is opening Oregon’s first freestanding inpatient rehabilitation hospital, ABC affiliate KDRV reported Aug. 22. PeaceHealth Springfield Rehabilitation…

  • Grand Forks, N.D.-based Altru Rehabilitation Hospital named Rob Holcomb CEO. Mr. Holcomb has more than 15 years of executive leadership…

  • Emergency departments designed around the needs of older patients are showing measurable improvements in outcomes and costs, according to an…

Advertisement

Comments are closed.