MISSION VIEJO, Calif. , Jan. 3, 2012 /PRNewswire/ -- The Ensign Group, Inc. (Nasdaq: ENSG - News), announced today which it has acquired the underlying real estate as well as other handling resources ofOrem Rehabilitation & Nursing Center, the 108-bed skilled nursing trickery in Orem, Utah . An Ensign subsidiary has been handling the trickery since May of 2008 underneath the lease which did not include the purchase option. The acquisition was effective Dec 22, 2011 . (Logo: http://photos.prnewswire.com/prnh/20071213/LATH168LOGO)"With this fortuitous addition to our real estate portfolio we now own 75% of the facilities operated underneath the Ensign banner," said Christopher Christensen , Ensign's President as well as Chief Executive Officer. He stated which the purchase further demonstrates Ensign's deep as well as long-term commitment to the Utah County healthcare community. Noting which Orem Rehabilitation & Nursing Center was voted "Best of Utah Valley," in 2010, he added which he expects the recently-renovated as well as stretched trickery to go upon to build upon the outstanding repute grown by its dedicated therapists as well as caregivers. The purchase was done with cash as well as brings Ensign's growing portfolio to 101 healthcare facilities, 76 of which are Ensign-owned, 3 hospice companies as well as four home illness businesses in 10 states. Ensign affiliates reason purchase options upon five of their 25 leased facilities. Mr. Christensen reaffirmed which Ensign is actively looking additional opportunities to acquire both well-performing as well as struggling skilled nursing as well as assisted living operations across the United States. About Ensign The Ensign Group, Inc.'s independent handling subsidiaries provide the broad spectrum of skilled nursing as well as assisted living services, physical, occupational as well as debate therapies, home illness as well as hospice services, as well as other rehabilitative as well as healthcare services for both long-term residents as well as short-stay rehabilitation patients at 101 facilities, 3 hospice companies as well as four home illness businesses in California , Arizona , Texas , Washington , Utah , Idaho , Colorado , Nevada , Iowa as well as Nebraska . More report about Ensign is available at http://www.ensigngroup.net.
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