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.
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