Ensign Group acquires facilities in Idaho and Texas, expanding presence and boosting revenue growth.
From Nasdaq: 2025-07-03 13:51:00
The Ensign Group, Inc. recently acquired Timber Springs Transitional Care in Boise, ID, and Duncanville Healthcare and Rehabilitation Center in Duncanville, TX, adding 120 and 124 beds, respectively. These acquisitions expand Ensign’s portfolio to 348 healthcare operations across 17 states, with 44 locations offering senior living services.
Ensign Group’s acquisition strategy aims to provide patient-centered care by understanding local community needs. The company’s recent expansion efforts have strengthened its nationwide presence and improved care availability for underserved populations. The increase in skilled nursing facilities enhances revenue growth in the Skilled Services segment, a major income source for ENSG.
The acquisitions of Timber Springs and Duncanville facilities are expected to boost Ensign Group’s rental income through its subsidiary, Standard Bearer. These triple-net lease agreements help the company generate revenue while shifting property-related expenses to tenants, contributing to overall financial performance.
Shares of Ensign Group have gained 17.8% in the past year, outperforming the industry’s growth. ENSG currently holds a Zacks Rank #2 (Buy). Other top-ranked stocks in the Medical space include BrightSpring Health Services, BioCryst Pharmaceuticals, and BioLife Solutions, all sporting a Zacks Rank #1 (Strong Buy) with positive earnings and revenue outlooks for 2025.
BrightSpring Health, BioCryst Pharmaceuticals, and BioLife Solutions have each shown significant gains in the past year. Investors seeking high-growth opportunities in the medical sector should consider these stocks, which have the potential to double in value in the coming year. For more information and stock analysis, visit Zacks Investment Research.
Read more at Nasdaq: Ensign Group Boosts U.S. Presence With Idaho and Texas Facility Buyouts