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Health Care California assisted living center group buys Draper rehab center -- The Ensign Group Inc., a Mission Viejo, Calif.-based operator of 62 skilled nursing, rehabilitative care and assisted living centers in the western United States, including one in Orem, bought an 83-bed skilled nursing home in Draper for about $3 million.
The Draper Rehabilitation and Care Center was acquired from an affiliate of Oregon-based Westcare Management Inc., which provides residential care services to the developmentally disabled in Idaho, Ensign announced on Thursday. The Draper center, the second Utah center Ensign acquired this month, has between 120 and 130 workers. Ensign bought the 120-bed, 115-worker Orem Rehabilitation and Nursing Center for $2 million on May 1. Both the Orem and Draper centers were acquired with proceeds from Ensign's initial public offering in November, which raised $58 million. Ensign now has five long-term care centers with 552 beds in Utah -- the company's fourth-largest market. "The reimbursement rates paid by state programs, the regulatory environment and the demographics in Utah made it attractive for us to expand here," said Daniel Walker, deputy general counsel for Ensign Group. Ensign entered the Utah market in July 2006 with its acquisition of Mt. Ogden Health and Rehabilitation Center, a 120-bed skilled nursing center in Ogden. The company now owns a total of 28 assisted living centers nationwide, with Ensign affiliates holding purchase options on eight of Ensign's 34 leased centers.
People on the Move BYU Marriott School appoints new dean -- Gary C. Cornia was named the new dean of Brigham Young University's Marriott School of Management. He will succeed Ned C. Hill on July 1. Hill, who has been Marriott School's dean since 1998, plans to take a one-year leave before returning to full-time teaching. Cornia, the Stewart Grow Professor of Public Management, has been serving as director of the school's George Romney Institute of Public Management since 2004. Cornia earned a doctorate in public finance from Ohio State University in 1979. From 2002 to 2003 he served as president of the National Tax Association. From 1990 to 1998 he was associate dean of the Marriott School. He currently serves on the boards of three fixed income funds and one equity fund as well as with the Lincoln Institute of Land Policy in Massachusetts, the Land Reform Training Institute in Taiwan and the Utah Governor's Tax Review Commission. Two other Marriott School faculty -- Michael Thompson and Jim Stice -- were appointed as associate deans. Thompson, who served as associate dean from 2005 to the present, will remain in that position. Nu Skin names new chief marketing officer -- Nu Skin Enterprises, a Provo-based direct seller of nutritional supplements, named Ashok Pahwa its chief marketing officer. Pahwa has 25 years of leadership experience in direct selling, consumer products and global marketing. Pahwa previously served as vice president of new business development at Avon Products. Prior to that, he spent 10 years at Mary Kay Cosmetics where he served in various management roles, including as president of its e-business division, and senior vice president of global marketing and sales promotions. Pahwa also spent 10 years with Publicis/Bloom, part of one of the world's largest communications groups. He worked as a senior vice president with well-known consumer brands including Maybelline, Nestle and GlaxoSmithKline. Prior to his work with Publicis, Pahwa also worked with Ogilvy & Mather in Bombay, India, and the packaged tea and coffee division of Unilever in India. Most recently, Pahwa served as vice president of global marketing and sales for the Wall Street Institute, a portfolio company of the private equity firm, The Carlyle Group. |
