|FOR IMMEDIATE RELEASE||Steve Monroe|
NORWALK, CT – October 11, 2017 –The SeniorCare Investor will host an important webinar — Investing in Skilled Nursing Facilities — on Thursday, October 12, 2017, at 1:00 PM ET. A recording of the webinar will also be made available following its live presentation. The webinar is part of the Interactive Webinar Series.
The range in values of skilled nursing facilities for sale has never been as wide as it is today. There are newly built transitional care facilities that only treat short-term stay patients, and there are the 40-year old SNFs that look their age. Prices can go from $20,000 per bed to $150,000 per bed, and sometimes higher. Will the new subacute or transitional care facility with a SNF license become the solution to the problem of rising costs, and keep on rising in value? Or will it suffer from competition and reimbursement pressure, not to mention shorter and shorter average lengths of stay as patients bypass a SNF stay and return directly home for physical therapy and home care?
Steve Monroe, Editor of The SeniorCare Investor and moderator of the panel, will pose relevant topics such as: Who is buying SNFs and why; why sellers are selling when prices are still rising; how a buyer values a SNF that is losing money, and why; whether SNFs will win the battle against LTACs and IRFs for the post-acute patient; how some SNF operators make money on long-term custodial care patients, and how much lower SNF cap rates can go. Our panel of experts will include, Joseph A. Deans, Vice President of Acquisitions, Diversicare Healthcare Services, Inc.; Steve LaForte, Director of Acquisitions & Finance, Cascadia Healthcare and Talya Nevo-Hacohen, Chief Investment Officer at Sabra Health Care REIT.
If interested in this topic, then don’t miss the live webinar on October 12, at 1:00 pm ET. If unable to attend the live webinar, a recording with be available the following day.
Please visit https://products.levinassociates.com/downloads/1710-webinar/ or call 203-846-6800 for more information about this interactive webinar.