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A Steal or a Bad Deal? 5 Pitfalls to Avoid in Skilled Nursing Facility Acquisitions

A skilled nursing facility is on the market, and you’re interested. If you’re a seasoned nursing home administrator ready to move into an ownership role, a successful SNF owner interested in expanding your portfolio, or an entrepreneur seeking investment opportunities, you’ve taken steps to minimize the risk. After a careful review of the historical financials and some number-crunching,you’re certain that with diligent attention to increasing the census and cutting expenses, you can project a healthy profit in year one. So…

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SNFs are from Mars, but NIC is the Mystery

The Mars Climate Orbiter was a major space probe launched by NASA on December 11, 1998.
Anticipation of ground-breaking scientific achievement swelled as the probe flawlessly traversed
the vacuum of space during its 9.5 month, 415-million-mile journey to the Red Planet. Then came
the deafening silence of September 23, 1999 when communication with the spacecraft was lost
during “orbital insertion” and declared a “total loss” two days later.

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