Ensign buys two SNFS
The Ensign Group has purchased two skilled nursing facilities in Arizona, effective Sept. 1.
Desert Blossom Health and Rehabilitation Center is an 88-bed skilled nursing facility in Mesa, AZ, and Pueblo Springs Rehabilitation Center is an 115-bed skilled nursing facility in Tucson, AZ.
The facilities had a combined occupancy rate of 68% at the time of the acquisitions, and Ensign said it expects them to be accretive to earnings in 2018.
"We are excited about the dedication of the caregivers, the support of the residents and their families, and the amazing potential of these operations to better serve the needs of the community," said Jim Guschl, president of Bandera Healthcare, Inc., Ensign's Arizona-based operating subsidiary.
This acquisition brings Ensign's portfolio to 229 facilities across 14 states