Shares of Ensign Group, Inc (NASDAQ:ENSG) are trading lower Monday morning after Hunterbrook Media published a short report accusing the skilled nursing operator of potential fraud and dangerous understaffing.
Benzinga has reached out to Ensign Group for comment on the allegations.
Ensign Group stock is taking a hit today.
Why is ENSG stock dropping?
Allegations of Illegal Understaffing And Profit Maximization According to the five-month investigation, Ensign's $10 billion empire relies on a business model that intentionally understaffs facilities to maximize government payouts.
