Aug 2018

Sabra expects skilled care occupancy rebound in 2019, though mom and pops may face some struggles

McKnight’s reports that while occupancy of its skilled nursing properties might not be quite up to snuff, a CEO of one of the field’s top operators says we may be reaching bottom, with a much brighter 2019 on tap.

Sabra Health Care chairman and CEO Rick Matros, during a call to announce his company’s quarterly earnings, also noted that skilled mix has improved. The Irvine, CA, company’s occupancy at its skilled nursing facilities has ticked upward two quarters in a row, to 81.8% at the end of June, and said he believes the future is bright for SNF operators.

https://www.mcknights.com/news/sabra-expects-skilled-care-occupancy-rebound-in-2019-though-mom-and-pops-may-face-some-struggles/article/787536/?utm_source=newsletter&utm_medium=email&utm_campaign=MLT_DailyUpdate_20180810&hmSubId=9FJmuzk6jog1&email_hash=88abf056436633eef3326356ccb278b8

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