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Additionally, she said, adjusted diluted earnings per share were $1.04, an increase of 14%.
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In addition, the company saw continued improvement in occupancy, with same-store and transitioning occupancy increasing by 2.4% and 5.3%, respectively, over the same quarter in 2021.ĭiluted earnings per share were $0.99, representing an increase of 19%, according to Chief Financial Officer Suzanne Snapper. “During the quarter, we experienced steady improvement in occupancies, Medicare revenue and managed care revenue,” he noted.Įnsign also reported that its affiliated operations experienced strong quarter-over-quarter growth in skilled mix revenue, with same-store skilled mix revenue of 53.7% and transitioning skilled mix revenue of 47.8%.
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“We also want to be clear that while our teams are urgent and decisive in taking steps to quickly improve the operations we acquire, our primary commitment in acquisitions is building sustained performance and long-term value.”ĬEO Barry Port said that opportunities still exist to improve on fundamentals in both existing operations and the growing number of new acquisitions. “An important part of our story has been our local leaders’ ability to acquire struggling operations and transform them into Ensign-caliber operations,” Chief Operating Officer Spencer Burton said. Fountain Hills Post Acute, a 64-bed SNF in Fountain Hills, AZ.Park Manor of McKinney, a 138-bed SNF in McKinney, TX and.Villa Maria Post Acute and Rehabilitation, a 65-bed SNF Villa Maria Wellness Living, a 31-bed assisted living community and Tucson Recovery at Villa Maria, a 30-bed behavioral health unit, all located in Tucson, AZ.
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