The Ensign Group (Nasdaq: ENSG) has a high-profile new board member. Mark Parkinson, who recently ended his tenure as CEO and president of the American Health Care Association/National Center for Assisted Living (NCAL), is joining Ensign’s board as its ninth director. “I am beyond grateful for the many incredible years I had to associate with […]
Stephens
Nursing home expenditures increased by 8.3% between March and April, second only to home health. Spending grew by 7.1% across the health care continuum year over year in April, as nursing care facilities saw a 1.8% decrease in employment compared to pre-pandemic numbers, according to a report by Stephens Inc. Meanwhile, nursing care facilities saw […]
Occupancy shifts appear to be happening across the largest nursing home operators, with the Ensign Group (Nasdaq: ENSG) seeing facility occupancy fall as other leading sector players showed gains while overall sector occupancy levels remained steady. Ensign’s occupancy levels dropped to 78.5%, posting a loss of 40 basis points. Meanwhile, PACS Group (NYSE: PACS) saw […]
As one of, if not the largest nursing home operator in the country, The Ensign Group (Nasdaq: ENSG) has quickly filled turnaround properties with a robust talent pipeline – including having 30 to 40 administrators-in-training at all times – despite a historic staffing shortage. Leadership also delved into why the Texas Medicaid rate is such […]
Despite multiple quarters of record earnings and a stock price that dwarfs that of other publicly traded skilled nursing companies, executives at The Ensign Group (Nasdaq: ENSG) said that investor skittishness over SNF assets played a major role in their decision to spin off its home health and senior housing business lines into a new […]
Skilled nursing operator Ensign Group, Inc. (Nasdaq: ENSG) is experiencing a “positive shift in momentum” in its core skilled nursing business, and is hoping to capitalize on this energy in its other business lines. The Mission Viejo, Calif.-based company also provides assisted living, rehabilitative care, home health and hospice services. In the third quarter. the […]