The Ensign Group grew its Pacific Northwest portfolio with the purchase of a 119-bed skilled nursing facility in Rexburg, Idaho (near the Wyoming border). The facility provides speech, physical and occupational therapy, wound care and dialysis care in addition to traditional long-term care. Pennant Healthcare, Inc., Ensign’s portfolio company based in the Pacific Northwest, will take over operations. No purchase price was disclosed, but the deal included both the real estate and operations, continuing a strategy of Ensign to own more of the real estate in its portfolio.
This is the company’s first Idaho deal this year, after it acquired three facilities and 244 total beds in the Gem State in 2018. It was also Ensign’s 11th senior care acquisition of the year, which saw deals made in Arizona, California, Utah and Texas.