'Going to be tough': Rough environment for SNFs will create acquisition opportunities - News

From left: Forrest Peterson, president of Bandera Healthcare; Tim Fields, CEO of Ignite Medical Resorts; Norman Rokeach, founder and president of Marquis Limited; and Cory Christensen, CEO of Plum Healthcare Group.
A tough operating environment for some skilled nursing operators will likely lead a portion to close their doors in 2021, but misfortune for some should result in growth opportunities for investors, the head of one large SNF network told an executive retreat Tuesday.
“This year is going to be a tough year in the SNF industry, and we’re not likely going to get the same level of help that we got last year,” said Cory Christensen, CEO of California-based Plum Healthcare Group. “We’ll still have expenses that were very similar to what they were last year.” 

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