The Ensign Group returned about $110 million in federal COVID-19 relief aid after experiencing another quarter of “record-breaking results,” company executives reported in August.
It began sending back all the relief funding it received in June after “taking a hard look” at its balance sheet and our liquidity, including a “strong relationship with our renters and landlords, and after gaining a better understanding of our financial performance after several months” of COVID conditions, CEO Barry Port said.
From the September 2020 Issue of McKnight's Long-Term Care News