September 26, 2018
Operators who have never bought or sold bed licenses (“Beds”) without including the real estate as part of the transaction, have often struggled to understand the timeline it takes to complete the transaction. Most real estate owners and operators have become accustom to the common practice of acquiring a facility when
Read insight May 29, 2018
CMS data from April 2018 vs. April 2017 shows a net difference 1,991 skilled nursing beds that were taken out of circulation year-over-year. The net difference of the 1,991 beds was the difference between 16,164 beds added and 18,155 subtracted (further breakdowns on each below). Comparing to the previous year, a net o
Read insight May 11, 2018
It’s no secret that nursing care occupancy levels continue to struggle. According to the latest National Investment Center’s 2Q17 Market Fundamentals report , nursing care occupancy declined to 86.2%. While operators continue to face headwinds, they are looking for creative ways to solve their occupancy problems. One s
Read insight April 16, 2018
Depending on the state in which a facility resides, an operator may be able to sell all or a portion of its bed licenses. Some states simply do not allow operators to buy or sell bed licenses amongst each other. Other states require that each bed license be assigned to the physical plant, therefore only allowing a bed
Read insight February 19, 2018
Today’s bottom line is more sensitive than ever, forcing operators to get creative with their capacity (see NIC Skilled Nursing Data: Downward Pressure on Occupancy Continues and Skilled Nursing Operators Face Down ‘Unsustainable’ $2 Billion Cut ). Depending on state laws, operators are able to either acquire or reduce
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