TITLE

Not a deal-breaker: Sale-leasebacks still attractive to skilled-nursing operators despite rate cuts

AUTHOR(S)
Barr, Paul
PUB. DATE
November 2011
SOURCE
Modern Healthcare;11/7/2011, Vol. 41 Issue 45, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article considers the possibility that sale-leaseback deals will continue due to the 11% decrease in skilled-nursing facilities Medicare reimbursement. Forecast of the National Health Expenditure Accounts of the Centers for Medicare and Medicaid Services (CMS) indicated that 145.6 billion U.S. dollars (USD) will be paid to continuing-care retirement communities and skilled-nursing facilities in 2011. It also notes sale-leaseback deals including a 15-million-USD purchase by LTC Properties.
ACCESSION #
67280877

 

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