The Ensign Group, Inc. (NASDAQ:ENSG) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02. Termination of Material Definitive Agreement
The Ensign Group, Inc. (the “Company”) received notice from the Office of Inspector General-HHS (“OIG”) that the Company’s five-year corporate integrity agreement (the“CIA”) with the OIG has been completed. Per the terms of the CIA, the five-year reporting period, which commenced on October 1, 2013, was subject to the receipt of the Company’s final annual report and any additional materials requested by the OIG. to a letter dated March 13, 2019 (received on March 18, 2019), the OIG confirmed that it received the Company’s fifth and final annual report and that the term of the CIA is now concluded.
The foregoing description of the CIA is not complete and is qualified in its entirety by reference to the full text of the CIA, a copy of which is filed as Exhibit 10.74 to the Company’s Annual Report on Form 10-K filed with the SEC on February 13, 2014.
About The Ensign Group, Inc. (NASDAQ:ENSG)
The Ensign Group, Inc. is a holding company. The Company, through its subsidiaries, provides healthcare services across the post-acute care continuum, as well as urgent care centers and mobile ancillary businesses. Its segments include transitional, skilled and assisted living services (TSA services); home health and hospice services, and all other. The TSA services segment includes the operation of skilled nursing facilities and assisted and independent living facilities. The home health and hospice services segment includes the Company’s home health, home care and hospice businesses. The all other segment includes the Company’s urgent care centers and mobile ancillary operations. The Company operates a portfolio to approximately 207 healthcare facilities, over 35 of which are owned, approximately 16 hospice agencies, over 16 home health agencies, approximately three home care businesses and over 17 urgent care clinics across approximately 14 states.