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News Breaks | | | | March 5, 2013 | | 06:17 EDT |  | ENSG | Ensign Group acquires Legacy Rehabilitation and Living
The Ensign Group, the parent company of the Ensign group, announced that it has acquired Legacy Rehabilitation and Living, a 150-bed skilled nursing facility located in Amarillo, Texas. The asset acquisition was effective on Friday, March 1. Company noted that Ensign expects the newly-acquired facility, which had an occupancy rate of 50% at acquisition, to be accretive to earnings in 2013. The purchase was made with cash and brings Ensign's growing portfolio to 109 healthcare facilities, 87 of which are Ensign-owned, seven hospice companies and seven home health businesses across 11 states | |
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