Skilled Nursing Facilities: Buying, Selling and Valuing - 9/12/13

Recorded Thursday, September 12, 2013 at 1:00 p.m. (Eastern)

The skilled nursing facility sector is one of the most difficult to understand in today’s changing health care environment, but one that still promises to be an important component in the post-acute care setting. Despite threats from both Medicaid and Medicare reimbursement cuts, providers and investors are still expanding in this market. Sometimes, they purchase turnaround situations that may be suffering from poor management or an inability to change the market perception of the particular facility. Other times, they purchase high-end skilled nursing facilities that can sell for $75,000 per bed up to $150,000 per bed, a value that is more commonly associated with private pay assisted living communities.

This educational offering has been approved for 1.5 credit hours by the National Association of Long Term Care Administrator Boards (NAB). Upon webcast approval and enrollee’s successful completion of the test, Irving Levin Associates, Inc. will issue a NAB certificate of completion for students to issue to their state licensure boards.

 

Webcast
AT A GLANCE
DATE: Recorded Thursday, September 12, 2013
TIME: Whenever it's convenient for you. A recording will be made available in your membership account.
PLACE: Your office either online or by telephone
COST: Buy now for $193!
REGISTERING IS EASY:
1. Online
2. Call toll-free: 1-800-248-1668


REGISTER TODAY for this unique webcast and learn about the ins and outs of buying, selling and valuing skilled nursing facilities from our panel of leading industry experts — without ever having to leave your desk:
 

If skilled nursing facilities are that difficult to operate, with so many reimbursement and regulatory pressures at every turn, why is there still such an active acquisition market?
What do buyers see that the sellers do not?
Do buyers really believe that they will play an important role in the future of Accountable Care Organizations?
What happens when Medicaid managed care hits the skilled nursing market? Will that result in lower daily rates, higher rates, or higher payments for those providers who do a better job?
PLUS...your chance to ask our panel of experts any questions about the skilled nursing facility sector.


 

 

Panel of Experts:

Stephen Monroe
Stephen M. Monroe is a respected and often quoted industry leader. He is the managing editor and partner at Irving Levin Associates, Inc., a research and publishing firm founded in 1948. The firm specializes in the seniors housing and health care investment markets and delivers timely market intelligence to subscribers through financial newsletters, acquisition reports and databases. Mr. Monroe is the editor of The SeniorCare Investor, the Read More
Editor, The SeniorCare Investor
Steven Insoft, President and Chief Operating Officer for Aviv REIT
Steven Insoft is the President and Chief Operating Officer. Prior to joining the company in 2005, Mr. Insoft spent eight years as a Vice President and Senior Investment Officer of Nationwide Health Properties, Inc., a publicly-traded REIT. Before that, he was President and Chief Financial Officer of CMI Senior Housing & Healthcare, Inc., a privately-held nursing home and assisted living facility operations and development company, for seven Read More
President & Chief Operating Officer, Aviv REIT
Greg Miller
Greg Miller is the Chief Development Officer for Kindred Healthcare, Inc. (“Kindred”). In this position, Greg oversees all of the mergers, acquisitions, divestitures and development for Kindred and participates in the strategic planning for the Company. During his 9 years at Kindred, Greg has completed over 100 acquisitions in the hospital, skilled nursing and rehabilitation facility, contract rehabilitation, home care and hospice, Read More
Chief Development Officer, Kindred Healthcare
Mike Pardoll
Mike Pardoll is a Senior Housing Specialist with Marcus & Millichap. He is one of the industry’s leading brokers with over 20 years of experience including previous experience in property acquisition and management. His expertise extends across all of the seniors product types including skilled nursing, assisted living, congregate care, CCRC and senior apartments. He has represented private owners, publicly traded companies, non-profit Read More
Senior Vice President/Investments, Marcus & Millichap