Skilled Nursing Facilities: Buying, Selling and Valuing - August 21, 2013

FOR IMMEDIATE RELEASE  Stephen M. Monroe, Editor
 800-248-1668
 203-846-6800
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 pressreleases@levinassociates.com

NORWALK, CT – August 21 2013 – Irving Levin Associates, Inc. will be hosting an important webcast to address buying, selling and valuing skilled nursing facilities on Thursday, September 12, 2013. 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.

The moderator of the webcast, Stephen M. Monroe, Editor of The SeniorCare Investor, will pose topical questions including: 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? In 2012, the average price per bed sold almost matched the record set in 2010 of $62,500 per bed. Is it the future real estate value that is driving the acquisition interest? Is it a more important role to play in the post-acute care setting? Do buyers really believe that they will play an important role in the future of Accountable Care Organizations? And 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?

Our hand-selected panel of experts will address these issues and others—and answer any pressing questions the audience chooses to submit. Our experts include: Steven Insoft, Senior Vice President and Chief Financial Officer, Aviv REIT; Greg Miller, Chief Development Officer, Kindred Healthcare; Mike Pardoll, Senior Vice President/Investments, Marcus & Millichap; and other experts in the skilled nursing acquisition market.  

Founded in 1948, Irving Levin Associates, Inc. is the leading publisher of newsletters, reports and online data on mergers and acquisitions data in the seniors housing and health care industry. Eleanor Meredith, Publisher and Partner, invites you to take part in this can’t-miss webcast. This webcast will explore the current acquisition market and try to determine what will be impacting value the most in the coming years and what type of provider and skilled nursing facility will be able to capitalize on the changing metrics.

“Skilled Nursing Facilities: Buying, Selling and Valuing” is expected to generate a stimulating discussion. If you’re interested in M&A in this sector, then you won’t want to miss this interactive webcast on Thursday, September 12, at 1:00 pm ET. Please visit www.levinassociates.com/conferences/1310-online-conference or call 800-248-1668 for more information.

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