Laca Wong-Hammond, Managing Director in Duff & Phelps Healthcare Real Estate M&A Advisory practice, was recently interviewed by Skilled Nursing News on the current challenges standalone skilled nursing facilities are facing under the new Medicare payment system. The article, “Mom-and-Pop Skilled Nursing Facilities Could Find Safety in Numbers Under PDPM,” indicates that the new Patient-Driven Payment Model (PDPM) is likely to force many mom-and-pops out of the space altogether.
Laca details a ‘reverse syndication’ strategy, which pools assets of smaller operators together to create a portfolio premium for the sellers. This could potentially bolster the sale price per bed, effectively creating a favorable situation for nursing home operators looking for liquidity.
Read the article in Skilled Nursing News