NASDAQ Framework: The Ensign Group Inc.
Post-acute healthcare services provider in USA 1.
1: Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The Standard Bearer segment comprises of properties owned by the company through its captive REIT and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the skilled services segment. View Source
The Ensign Group, Inc., founded in 1999 and headquartered in San Juan Capistrano, CA, provides a broad spectrum of post-acute healthcare services in the United States. Operating through its regional subsidiaries, the company oversees skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. It functions through two primary segments: Skilled Services and Standard Bearer. The Skilled Services segment includes the operation of skilled nursing facilities and rehabilitation therapy services, while the Standard Bearer segment comprises real estate properties owned by the company and leased to skilled nursing and senior living operators. The majority of its revenue is generated from the Skilled Services segment, with significant contributions from Medicare and Medicaid programs 234.
2: Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The Standard Bearer segment comprises of properties owned by the company through its captive REIT and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the skilled services segment. View Source3: The Ensign Group, Inc. provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services. Its Standard Bearer segment is comprised of selected real estate properties owned by Standard Bearer and leased to skilled nursing and senior living operators. In addition, the company provides ancillary services consisting of digital x-ray, ultrasound, electrocardiograms, sub-acute services, dialysis, respiratory, and long-term care pharmacy and patient transportation to people in their homes or at long-term care facilities, as well as mobile diagnostics. It operates in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. The company was incorporated in 1999 and is based in San Juan Capistrano, California. View Source4: Founded in 1999 and headquartered in San Juan Capistrano, CA, The Ensign Group Inc. provides health care services in the post-acute care continuum, urgent care center and mobile ancillary businesses in the United States. View Source
UNKNOWN
The provided facts do not include any information about whether the founders of The Ensign Group Inc. are still leading the company or are heavily involved in its operations.
The provided facts do not include any information about whether the founders of The Ensign Group Inc. are still leading the company or are heavily involved in its operations.
LOW RISK
The Ensign Group Inc. demonstrates strong financial health, characterized by a below-industry-average debt-to-equity ratio of 1.23 5, impressive revenue growth of 13.91% as of March 31, 2024 6, and a return on assets (ROA) of 1.62%, which surpasses industry standards 7. Additionally, the company has consistently generated cash flow growth, with a projected increase of 12.6% this year and an average growth of 17.9% over the past three to five years 8. These indicators suggest that the company is profitable and well-positioned to cover its costs and spending plans, thus classifying it as LOW RISK.
The Ensign Group Inc. demonstrates strong financial health, characterized by a below-industry-average debt-to-equity ratio of 1.23 5, impressive revenue growth of 13.91% as of March 31, 2024 6, and a return on assets (ROA) of 1.62%, which surpasses industry standards 7. Additionally, the company has consistently generated cash flow growth, with a projected increase of 12.6% this year and an average growth of 17.9% over the past three to five years 8. These indicators suggest that the company is profitable and well-positioned to cover its costs and spending plans, thus classifying it as LOW RISK.
5: Debt Management: Ensign Group's debt-to-equity ratio is below the industry average. With a ratio of 1.23, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors. View Source6: Revenue Growth: Ensign Group's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 13.91%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector. View Source7: Return on Assets (ROA): Ensign Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.62% ROA, the company effectively utilizes its assets for optimal returns. View Source8: Looking at cash flow, Ensign Group is expected to report cash flow growth of 12.6% this year; ENSG has generated cash flow growth of 17.9% over the past three to five years. View Source
NO
The provided facts do not include any information indicating that The Ensign Group Inc. is launching any new product offerings.
The provided facts do not include any information indicating that The Ensign Group Inc. is launching any new product offerings.
The Ensign Group Inc. has been actively expanding its footprint in the healthcare sector through strategic acquisitions and growth initiatives. In 2024, the company acquired multiple skilled nursing facilities in Arizona, Colorado, Iowa, and Kansas, as well as a healthcare campus in Arizona 9. This expansion strategy underscores Ensign Group's commitment to enhancing its service offerings and geographic reach. By integrating these new facilities, the company aims to bolster its Skilled Services segment, which is the primary revenue generator. This aggressive acquisition approach is likely to continue through 2026, positioning Ensign Group for sustained growth and increased market presence in the post-acute healthcare services industry.
9: The Ensign Group Schedules Second Quarter Earnings Call for Friday, July 26, 2024 GlobeNewswire Jul 23, 2024 8:05pm The Ensign Group, Inc. Declares Quarterly Dividend of $0.06 Per Share GlobeNewswire Jun 14, 2024 10:00am The Ensign Group Acquires Skilled Nursing Facility in Arizona GlobeNewswire Jun 4, 2024 10:00am The Ensign Group Adds Another Skilled Nursing Facility in Colorado GlobeNewswire Jun 4, 2024 10:00am The Ensign Group Reports First Quarter 2024 Results GlobeNewswire May 1, 2024 8:07pm The Ensign Group Acquires Healthcare Campus in Kansas GlobeNewswire May 1, 2024 10:00am The Ensign Group Acquires Skilled Nursing Facility in Iowa GlobeNewswire May 1, 2024 10:00am The Ensign Group Acquires Healthcare Campus in Arizona GlobeNewswire May 1, 2024 10:00am View Source