The Ensign Group acquired the operations of two separate skilled nursing facilities to kick off its year. First, Ensign acquired the operations of Hearthstone Health and Rehabilitation, a 125-bed skilled nursing facility in Sparks, Nevada. The acquisition is subject to a long-term, triple-net lease.
Next, Ensign announced that its affiliate acquired the operations of TriState Health and Rehabilitation Center, a 116-bed skilled nursing facility in Harrogate, Tennessee, also subject to a long-term, triple-net lease. This is Ensign’s first SNF in the Volunteer State, and its Tennessee-based subsidiary, Rocky Top Healthcare LLC, will take over operations.
These acquisitions bring Ensign’s growing portfolio to 299 healthcare operations, 27 of which also include senior living operations, across fourteen states. Ensign subsidiaries own the real estate at 113 of its assets.
