Seniors Housing Weekly Market Update

May 4, 2011

60 Seconds With Steve Monroe 

May 4, 2011. The recent CMS announcement that they are considering a decrease in Medicare rates to skilled nursing facilities of up to 11.3% caused investors to panic last week, sending stock prices plunging. While obviously disconcerting, it is doubtful that a decrease of that magnitude will occur...



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Maybe not 11.3 but...

I have serious doubts that we will see a decrease of 11.3%. That being said, I feel like the panic is justified. I would not be the least bit suprised if CMS implemented something around 8%, however, which would be enough to shake things up.

Well, 8% would certainly

Well, 8% would certainly shake things up, but I still maintain that would be too high and disruptive. Look for 1% to 4%.

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