The Ensign Group Expands in Utah
Rhea-AI Summary
The Ensign Group (Nasdaq: ENSG) acquired the real estate and operations of seven Stonehenge skilled nursing facilities in Utah (total 338 beds) and separately acquired operations of The Health Center of Eastview in Birmingham, Alabama (90 beds), both announced Nov. 3, 2025. Standard Bearer Healthcare REIT subsidiaries purchased the Utah real estate and Ensign-affiliated operators will run all seven Utah facilities; the Alabama site is under a long-term triple net lease.
After these deals Ensign operates 369 healthcare facilities (including 47 senior living operations) across 17 states, and subsidiaries, including Standard Bearer, own 155 real estate assets.
Positive
- 338 beds added across seven Utah skilled nursing facilities
- Acquired operations of a 90-bed Alabama skilled nursing facility
- Portfolio expands to 369 healthcare operations across 17 states
- 155 real estate assets now owned by Ensign subsidiaries including Standard Bearer
- Utah acquisitions integrate into existing clusters, adding newer properties
Negative
- None.
News Market Reaction 5 Alerts
On the day this news was published, ENSG gained 2.10%, reflecting a moderate positive market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $229M to the company's valuation, bringing the market cap to $11.16B at that time.
Data tracked by StockTitan Argus on the day of publication.
SAN JUAN CAPISTRANO, Calif., Nov. 03, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of the following skilled nursing facilities:
- Stonehenge of American Fork, a 90-bed skilled nursing facility located in American Fork, Utah;
- Stonehenge of Cedar City, a 50-bed skilled nursing facility located in Cedar City, Utah;
- Stonehenge of Ogden, a 52-bed skilled nursing facility located in Washington Terrace, Utah;
- Stonehenge of Orem, a 34-bed skilled nursing facility located in Orem, Utah;
- Stonehenge of Richfield, a 30-bed skilled nursing facility located in Richfield, Utah;
- Stonehenge of South Jordan, a 32-bed skilled nursing facility located in South Jordan, Utah; and
- Stonehenge of Springville, a 50-bed skilled nursing facility located in Springville, Utah.
The real estate was acquired by subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and all seven facilities will be operated by Ensign affiliated operators.
“We have admired Stonehenge for many years and are honored to continue their legacy as one of the top providers in the State of Utah.” said Barry Port, Ensign's Chief Executive Officer. “This strategic acquisition adds high quality, newer constructed properties to our existing footprint in a very important state for us. The locations are a perfect fit with our existing clusters and introduce us into a few new markets. We are also thrilled to add these assets to Standard Bearer’s growing real estate portfolio”, he added.
Steve Farnsworth, President of Milestone Healthcare LLC, Ensign’s Utah-based subsidiary, further commented “We are so excited to work with the staff, residents, and the families at each of these locations. We are confident that there are many things we can learn from the amazing group of caregivers already present in these operations. We look forward to combining our deep bench of talented resources with the amazing talent in these operations and will strive to provide top-notch services to each of these communities for decades to come.”
In a separate transaction on the same day, Ensign announced it acquired the operations of “The Health Center of Eastview” a 90-bed skilled nursing facility located in Birmingham, Alabama. The facility will be operated by an Ensign affiliated operator and is subject to a long-term triple net lease.
These acquisitions bring Ensign's growing portfolio to 369 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 155 real estate assets. Mr. 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.
About Ensign™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 369 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.
Contact Information
The Ensign Group, Inc., (949) 487-9500, ir@ensignservices.net
SOURCE: The Ensign Group, Inc.
FAQ
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