Ensign Group Acquires Operations Of Tristate Health And Rehabilitation Center, A 116-bed Skilled Nursing Facility Located In Harrogate, Tennessee; Terms Not Disclosed
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Ensign Group has acquired the operations of Tristate Health and Rehabilitation Center, a 116-bed skilled nursing facility in Harrogate, Tennessee. The acquisition, effective January 1, 2024, is under a long-term, triple net lease, although the financial terms of the deal were not disclosed.

January 02, 2024 | 11:04 am
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Ensign Group's acquisition of Tristate Health and Rehabilitation Center could potentially expand its market presence and revenue base in Tennessee.
Acquisitions in the healthcare sector often aim to increase a company's market share and revenue potential. Although the terms were not disclosed, the acquisition of a 116-bed facility is likely to have a positive impact on Ensign Group's service capacity and financial performance in the short term. The lack of financial details makes it difficult to assess the full impact, but the expansion of operations is generally seen as a positive development for a healthcare provider.
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