Operators today continue
to work in an environment in which state revenues are increasing, only never as quickly as hoped for.
Medicaid is a huge component of any state's budget and Medicare spending is a large component of the Federal
budget. Realistically, in today's political climate, what we have to look forward to are continued attempts to reduce
the cost of government programs that the industry relies on.
In an environment
where the only certainty is uncertainty, it's important for owners to stay highly liquid. Another improtant idea
is continual investment in facility improvement, especially with borrowing costs as low as they are today.
Realististically, skilled nursing homes continue to be the low cost provider in our healthcare
system and, based on demographics alone, seem destined to survive and even thrive. But the outlook for the marginal
operators is not inspiring.
Understanding the financial landscape is essential.
And so is choosing an experienced capital partner with a level of experience not gained overnight.
Moore Financial Services
can be that experienced partner for you. We have assembled a superb group of industry leaders and independent strategic
partners to support these efforts. For a no obligation consultation to discuss your growth plans, please contact
us at 412-831-4896 or email at rich@moorefinancial.info to schedule a time convenient for you.
