The Ensign Group Acquires Multiple Post‑Acute and Senior Living Facilities Including South Davis Specialty Care and Western Peaks Specialty Hospital

The Ensign Group Acquires River Park Post Acute and Elmwood Senior Living (Chandler, AZ)

May 1, 2024

Healthcare Services

The Ensign Group acquired the operations of River Park Post Acute and Elmwood Senior Living, a healthcare campus in Chandler, Arizona, including 66 skilled nursing beds, 45 assisted living units and 119 independent living units. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc. (Ensign’s captive real estate company), and the campus will be operated by an Ensign affiliate (Bandera Healthcare LLC).

PACS Group Acquires Operations of Three Post-Acute Facilities and Real Estate of Four Skilled Nursing Properties

January 1, 2026

Healthcare Services

PACS Group (NYSE: PACS) announced that subsidiaries have acquired the operations of three post-acute facilities (two in the Kenai Peninsula region of Alaska and one in the Boise, Idaho metro) totaling 230 beds, and that the company acquired the real estate for four skilled nursing facilities including Sierra Valley Rehab Center (Porterville, CA) and Apache Junction Health Center (near Phoenix, AZ). The transactions expand PACS' operating footprint and real estate ownership as part of a disciplined growth strategy in the post-acute care sector.

The Pennant Group Acquires Assets of Signature Healthcare at Home

July 11, 2024

Healthcare Services

The Pennant Group, Inc. agreed to purchase the assets of certain affiliates of Signature Healthcare at Home for a combined purchase price of $80.0 million, adding Signature's home health and hospice locations across Oregon, Washington and Idaho to Pennant's Pacific Northwest footprint. The transaction closed in two phases (Washington and Idaho assets closed Aug. 1, 2024; Oregon assets closed later), transferring an organization of over 650 staff and approximately $78 million in annual revenue into Pennant's network.

Asenda Health Acquires Controlling Stake in Post Acute Healthcare

May 31, 2022

Healthcare Services

Asenda Health Inc., through its wholly owned subsidiary Kater Medical, acquired a controlling 61% interest in Washington-based Post Acute Healthcare with a commitment to acquire the remaining 39% over the next two years. Post Acute is an outsourced physician services business conducting roughly 3,000 monthly patient encounters across 18 long-term care and skilled nursing facilities in Washington and Oregon; Asenda paid 55% of the initial consideration in Asenda shares, aligned Post Acute's founders into senior roles, and expects the deal to accelerate entry into Florida and add material revenue and EBITDA.

Summit BHC Acquires Seven Psychiatric Hospitals from Strategic Behavioral Health

January 6, 2022

Healthcare Services

Summit BHC, a national provider of behavioral health and addiction treatment services, has acquired seven inpatient psychiatric hospitals (613 beds total) from Strategic Behavioral Health. The deal expands Summit's footprint into New Mexico, North Carolina, and Wisconsin and increases its presence in Iowa, Tennessee, and Texas; terms were not disclosed.

Frontpoint Health Acquires High Plains Senior Care Group

February 29, 2024

Healthcare Services

Frontpoint Health, a PE-backed home health and hospice platform, has acquired High Plains Senior Care Group, a Texas-based home health and hospice provider. The add-on expands Frontpoint's coverage to over 176 Texas counties and strengthens its focus on serving Medicare Advantage patients across the Southeast.