Sentences with phrase «skilled nursing properties»

The daily reimbursement rate for skilled nursing properties (nursing homes) is also referred to as revenue per patient day.

Approximately 33 % of skilled nursing properties are operated by an operator with 10 or more properties, and only 26 % of properties are operated by an operator with 2 — 9 properties.

The good news is that seniors housing and skilled nursing properties already deliver value.

From an investor's perspective, the estimated market value of skilled nursing properties in the U.S. is sizable.

Skilled Nursing Property Occupancy Falls in Fourth Quarter, 2017 Despite Early and Severe Flu Season

One headline could be the fact that Medicaid revenue mix as of the fourth quarter of 2017 now represents essentially half of all revenue at skilled nursing properties at 49.3 %.

Real estate - based senior care providers, such as skilled nursing properties and senior living communities, are now partnering with providers of health and wellness services, such as chronic and transitional care management, homecare, and care management technology services.

The NIC Skilled Nursing Data Report is released quarterly and provides operators and investors with data collected from skilled nursing properties each month from October 2011 through June 2016.

Investor demand has followed, and quality skilled nursing properties have posted record average prices, with deals around $ 100,000 per bed becoming more frequent, according to Irving Levin Associates, a market intelligence firm.

Annapolis, Md. — The occupancy rate of America's skilled nursing properties declined 0.8 percent in the fourth quarter of 2016 from 82.6 percent to 81.8 percent, its lowest level since the National Investment Center for Seniors Housing & Care (NIC) began collecting data in late 2011, according to its latest quarterly Skilled Nursing Data Report.

We did see a monthly occupancy rate decline in March after increases in January and February, and considering the current environment in post-acute care, competition for Medicare patient days is higher than at any time in recent memory for skilled nursing property operators.

Annapolis, Md. — The occupancy of skilled nursing properties fell significantly in the fourth quarter of 2017 to 81.9 percent, down 66 basis points from the previous quarter, and 159 basis points year - over-year, according to data from the National Investment Center for Seniors Housing & Care's (NIC) latest quarterly Skilled Nursing Data Report released today.

In an article in the Seniors Housing & Care Journal in 2011 [1], Anthony Mullen is cited as estimating the real estate portion of an assisted living property (AL) as 53 percent of its value, 74 percent for a less service - oriented continuing care retirement community (CCRC) property and 37 percent for a more service - oriented skilled nursing property.

In wrapping up this commentary, skilled nursing property owners and operators need to consider where they fit into the spectrum of services offered for their residents, as well as for hospitalized and post-acute care patients in their recovery processes.

WellTower, a healthcare facility provider headquartered in Toledo, Ohio, stirred up a sensation when CEO Tom DeRosa forcefully put down the idea of spinning off a number of the company's skilled nursing properties into a separate REIT.

«High - quality, well - operated skilled nursing properties remain the most cost - effective, post-acute setting, which must be more utilized to restrain / control rising health - care costs in this country,» Smith says.

Several industry leaders will headline general sessions and present case studies on modernizing and repositioning skilled nursing properties, as well as reimbursement strategies and advice for accessing capital in order to do so.

In contrast, quarterly sales volumes of skilled nursing properties exceeded those of seniors housing for the first time since mid-2012.

During his time in that position, GE's portfolio of seniors housing, medical office and skilled nursing properties grew from $ 1.5 billion to more than $ 9 billion.

The median occupancy rate for assisted living properties hovered around 86 %, while skilled nursing properties within continuing care retirement communities (CCRCs) showed a sharp decline from 87 % to 84.5 %.

Even though skilled nursing properties are seen as high - risk, industry professionals are expecting a groundswell of investor demand for the products because of the potential return on investment.

In addition, more patients are now bypassing skilled nursing properties and going directly home for care.

One possible explanation for the differences among geography types is that skilled nursing properties in urban areas may face in general higher competition for market share, in part because of a greater supply of prospectively competitive products, such as home care and other seniors housing types.

With 11 million seniors currently receiving help with daily activities, the care of frail, elderly adults in America requires new and innovative thinking in the ways real estate - based senior care providers — such as skilled nursing properties and senior living communities — partner with providers of health and wellness services, such as chronic and transitional care management, home care, care management technology services, and enhanced primary care delivery at home.

Data in the report show that skilled nursing property occupancy increased to 82.6 % at the end of the quarter, up 36 basis points from the prior quarter and down 163 basis points year - over-year.

This data of course is representative of only what is trading, so most likely this large increase is due to the trading of higher - quality skilled nursing properties, including newer properties, those with a high skilled mix, or some combination of such characteristics.

Also to be discussed at the forum is NIC's recently released fourth quarter 2016 Skilled Nursing Data Report, which indicates that the occupancy rate of America's skilled nursing properties declined 0.8 percent from 82.6 percent to 81.8 percent, its lowest level since NIC began publicly reporting data in 2011.

Considering the current environment in post-acute care, competition for Medicare patient days is higher than at any time in recent memory for skilled nursing property operators.

The NIC Skilled Nursing Data Report is released quarterly and provides operators and investors with data collected from skilled nursing properties each month dating back to October 2011.

Baby boomers have already started to increase demand for orthopedic and surgical procedures in hospitals and short - stay post-acute care in skilled nursing properties and will do so increasingly over the next 5 - 10 years.

In the short term, however, it is clear that the effects of Medicare reimbursement, as well as increasing interest rates, could have affected operations at companies that run skilled care facilities, including REITs that specialize in skilled nursing properties.

LTC Properties Inc. acquired a skilled nursing property in Red Oak, Texas for $ 18.6 million.

Instead, WellTower will focus on selling down the skilled nursing properties, a line of business heavily subsidized by Medicare.

They include apartment complexes that provide a la carte services like social activities and meals, plus skilled nursing properties, all the way through to long - term chronic care in nursing homes, according to the «2017 Seniors Housing Outlook,» from JLL.

They look to seniors housing and skilled nursing properties as a channel to consumers and to the risk - bearing organizations that need care management solutions for their elderly patients.

Since 2011 LTC has been active in financing development of assisted living, memory care and post-acute / skilled nursing properties.

Skilled nursing properties had shared rooms and few private rooms.

Market studies are part art and part science, especially for seniors housing and skilled nursing properties.

The REITs have spun off their skilled nursing properties, and they're lending again.

Over the past couple years, in both 2015 and 2016, the first quarter represented the high point for occupancy in each year, as first quarter data typically shows an uptick in occupancy due to seasonal factors, such as the flu as admissions to skilled nursing properties can increase during that time of year.

The report also revealed that revenue from Medicaid now represents just under half of all revenue at skilled nursing properties (49.3 percent), which is up 70 basis points from the prior year (fourth quarter, 2016).

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NIC is currently engaged in efforts to expand the market fundamentals data for both seniors housing and skilled nursing properties that we collect and report through the following initiatives:

The portfolio consists of 106 senior housing properties, 71 skilled nursing properties, 4 hospitals, and 2 medical office buildings.

Blueprint's Firestone says the cap rates for skilled nursing properties have remained relatively unchanged in the past 10 years.

In 2013 Prestige identified an off - market transaction consisting of 15 post-acute and skilled nursing properties in Michigan comprising more than 2,000 licensed skilled nursing beds.

Skilled nursing properties are usually panned as high - risk due to the reimbursement structure and the high - acuity nature of the facilities.