Lillian G. Carter Nursing Center

The Ensign Group Reports Third Quarter 2023 Results; Raises 2023 Earnings Guidance

Retrieved on: 
Wednesday, October 25, 2023
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GAAP diluted earnings per share for the quarter was $1.11 and adjusted diluted earnings per share(1) was $1.20, an increase of 12.1% and 15.4%, respectively, over the prior year quarter.

Key Points: 
  • GAAP diluted earnings per share for the quarter was $1.11 and adjusted diluted earnings per share(1) was $1.20, an increase of 12.1% and 15.4%, respectively, over the prior year quarter.
  • Consolidated GAAP and adjusted revenues for the quarter were $940.8 million, an increase of 22.2% over the prior year quarter.
  • Standard Bearer(2) revenue was $21.0 million for the quarter, an increase of 12.0% from prior year quarter and FFO was $13.6 million for the quarter, an increase of 8.7% from the prior year quarter.
  • This new midpoint of our 2023 earnings guidance represents an increase of 15.0% over our 2022 results and is 30.8% higher than our 2021 results.

The Ensign Group Announces Another Acquisition in Colorado

Retrieved on: 
Wednesday, August 2, 2023
Rocky Mountains, Nursing, Standard-bearer, Lillian G. Carter Nursing Center, ENSG, Rehabilitation, Villas, Acquisition, SAN, Ensign, Growth, Ridgemont, Caregiver, Property management

The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the acquisition was effective August 1, 2023.

Key Points: 
  • The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the acquisition was effective August 1, 2023.
  • “We are thrilled to be adding this operation to Colorado, a market where we have seen steady and positive growth over the past couple of years,” said Barry Port, Ensign's Chief Executive Officer.
  • “This acquisition also provided another great opportunity to add to Standard Bearer’s growing portfolio,” he added.
  • Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

The Ensign Group Acquires Three Assets in Washington

Retrieved on: 
Wednesday, August 2, 2023
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“We are extremely excited to add these operations and real estate to our growing presence in Washington,” said Barry Port, Ensign's Chief Executive Officer.

Key Points: 
  • “We are extremely excited to add these operations and real estate to our growing presence in Washington,” said Barry Port, Ensign's Chief Executive Officer.
  • We are very excited about this deal and doing many more like them in the future,” he added.
  • Ensign subsidiaries, including Standard Bearer, now own 112 real estate assets.
  • Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

Mohawk Valley Health System Launches Integrated Specialty Pharmacy and Disease Management Services for Patients with Chronic and Complex Conditions

Retrieved on: 
Wednesday, November 9, 2022
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Mohawk Valley Health System (MVHS) today announced the launch of new chronic disease management and specialty pharmacy services for patients living with chronic and complex conditions across the region.

Key Points: 
  • Mohawk Valley Health System (MVHS) today announced the launch of new chronic disease management and specialty pharmacy services for patients living with chronic and complex conditions across the region.
  • The services will be offered in partnership with leading specialty pharmacy services provider Trellis Rx, LLC (Trellis Rx), now part of the CPS Solutions, LLC family of companies.
  • This integrated approach will improve medication access, increase adherence, and streamline the care experience for patients with serious conditions like cancer, HIV, heart disease and diabetes.
  • To learn more about MVHSs chronic disease management and specialty pharmacy services, call 315-623-1222.

Whispering Pines Rehabilitation and Nursing Center taps Medline for employee engagement technology solutions

Retrieved on: 
Monday, September 26, 2022
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NORTHFIELD, Ill., Sept. 26, 2022 /PRNewswire/ -- Connecticut-based post-acute care provider Whispering Pines Rehabilitation and Nursing Center today announced that it has selected Medline to implement software platforms to engage frontline staff and help simplify daily tasks so they can focus on providing high quality care.

Key Points: 
  • Through the partnership with Medline, Whispering Pines is now utilizing the following programs at its facility:
    HealthStream Learning Center Application and Compliance Training : The Whispering Pines team is leveraging HealthStream's online education to help develop a more confident workforce and meet regulatory training requirements in the state of Connecticut.
  • HealthStream's Learning Center application and compliance training solution will make it possible to simplify tracking and compliance across the organization.
  • Additionally, it will allow Whispering Pines to upload their own educational content and conduct pre- and post-assessments.
  • Medline is a healthcare company; a manufacturer, distributor, and solutions provider focused on improving the overall operating performance of healthcare.

TOOTRiS and Shields Nursing Centers Partner to Offer Child Care as a Benefit

Retrieved on: 
Thursday, June 23, 2022
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That's why Shields Nursing Centers is excited to announce it is partnering with TOOTRiS Child Care On-Demand to provide Child Care benefits to its employees.

Key Points: 
  • That's why Shields Nursing Centers is excited to announce it is partnering with TOOTRiS Child Care On-Demand to provide Child Care benefits to its employees.
  • The partnership with TOOTRiS allows us to help them solve the unique challenge of finding reliable Child Care.
  • For skilled nursing facilities, like Shields, and those in the long-term care industry, Child Care benefits can provide a competitive edge in recruiting.
  • "Through TOOTRiS, Shields Nursing Centers is taking a proactive approach in helping team members find high-quality Child Care so they can focus on providing exceptional care to their patients.

Signature HealthCARE Facilities Ranked as America’s Best in Newsweek 2022 Survey

Retrieved on: 
Tuesday, January 25, 2022
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But thanks to our amazing staff and healthcare family, Signature HealthCARE continues to tilt the scales and make significant strides, and we couldnt be more humbled or thankful as multiple Signature HealthCARE facilities have been named as one of America's Best Nursing Homes 2022 by Newsweek.

Key Points: 
  • But thanks to our amazing staff and healthcare family, Signature HealthCARE continues to tilt the scales and make significant strides, and we couldnt be more humbled or thankful as multiple Signature HealthCARE facilities have been named as one of America's Best Nursing Homes 2022 by Newsweek.
  • Newsweeks yearly America's Best Nursing Homes survey stems from their directive to help ease the strain of selecting a long-term care facility for loved ones.
  • A growing number of Signature HealthCARE centers are earning five-star quality ratings, the highest classification from the Centers for Medicare & Medicaid Services, and 100+ Signature HealthCARE locations have earned QAPI accreditation.
  • Signature HealthCARE was also awarded the Great Place to Work award for the past five consecutive years.

The Ensign Group Acquires Three Skilled Nursing Facilities in Colorado

Retrieved on: 
Tuesday, April 6, 2021
Health care, Health, Caregiving, Nursing home, Nursing, Community nursing, Lillian G. Carter Nursing Center, Home health nursing

SAN JUAN CAPISTRANO, Calif., April 06, 2021 (GLOBE NEWSWIRE) -- TheEnsign Group, Inc.(Nasdaq: ENSG), the parent company of the Ensigngroup of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it acquired the operations of the following skilled nursing facilities in Colorado:

Key Points: 
  • SAN JUAN CAPISTRANO, Calif., April 06, 2021 (GLOBE NEWSWIRE) -- TheEnsign Group, Inc.(Nasdaq: ENSG), the parent company of the Ensigngroup of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it acquired the operations of the following skilled nursing facilities in Colorado:
    Boulder Canyon Health and Rehabilitation, a 140-bed skilled nursing facility located in Boulder, CO;
    Berthoud Care and Rehabilitation, a 76-bed skilled nursing facility located in Berthoud, CO; and
    South Valley Post Acute Rehabilitation, a 106-bed skilled nursing facility located in Denver, CO.
  • These acquisitions were effective April 1, 2021 and will be subject to a long-term, triple net lease.
  • Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, assisted living and other healthcare related businesses throughout the United States.
  • TheEnsign Group, Inc.'sindependent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 235 healthcare facilities, in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin.