MISSION VIEJO, Calif. , Jan. 3, 2012 /PRNewswire/ -- The Ensign Group, Inc. (Nasdaq: ENSG - News), announced currently which it has acquired a underlying genuine estate as well as alternative handling assets ofOrem Rehabilitation & Nursing Center, a 108-bed skilled nursing facility in Orem, Utah . An Ensign subsidiary has been handling a facility since May of 2008 underneath a lease which did not include a purchase option. The acquisition was in effect December 22, 2011 . (Logo: http://photos.prnewswire.com/prnh/20071213/LATH168LOGO)"With this fortuitous addition to our genuine estate portfolio we now own 75% of a comforts operated underneath a Ensign banner," said Christopher Christensen , Ensign's President as well as Chief Executive Officer. He stated which a purchase further demonstrates Ensign's deep as well as long-term commitment to a Utah County healthcare community. Noting which Orem Rehabilitation & Nursing Center was voted "Best of Utah Valley," in 2010, he added which he expects a recently-renovated as well as stretched facility to go on to build on a outstanding repute developed by its dedicated therapists as well as caregivers. The purchase was made with cash as well as brings Ensign's growing portfolio to 101 healthcare facilities, 76 of which are Ensign-owned, three hospice companies as well as four home illness businesses in 10 states. Ensign affiliates hold purchase options on five of their 25 leased facilities. Mr. Christensen reaffirmed which Ensign is actively seeking additional opportunities to acquire both well-performing as well as struggling skilled nursing as well as assisted living operations across a United States. About Ensign The Ensign Group, Inc.'s independent handling subsidiaries provide a extended spectrum of skilled nursing as well as assisted living services, physical, occupational as well as speech therapies, home illness as well as hospice services, as well as alternative rehabilitative as well as healthcare services for both long-term residents as well as short-stay rehabilitation patients at 101 facilities, three 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 accessible at http://www.ensigngroup.net.
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