The Ensign Group [NASDAQ: ENSG] reported that the company has purchased the Texas based nursing facility. The company purchased all the operations of San Pedro Manor. The nursing facility consist of 150 beds and is situated in San Antonio.
“This transaction is an ideal fit with our current offices in Texas and we are energized for the proceeded development and growth in the San Antonio territory,” said Barry Port, Ensign’s CEO. The capacity to keep on growing amidst a pandemic is a real indication of our local group of clinical and operational administration and their experience, preparedness, and planning. We believe in our team and have full trust in their ability to make this another greKeystoat evolution.”
This transaction adds 232 healthcare operations in the expanding portfolio of Ensign, including 24 assisted living operations across 13 states. The company currently 94 own real estate assets and the CEO of the company Barry port stated that the company is keenly looking for prospects to purchase real estate and to lease trained nursing, aided living, and other business-related to healthcare.
“We are honored and humbled to become a part of the talented and devoted team of Pedro Manor. We look forward to combining our experience and expertise to obtain the objective of delivering high-quality health care to our patients” said Kevin Niccum president of Keystone Care, Ensign subsidiary.