Prices continue to drop off from their record highs seen in 2014. As with independent living, the same holds true for skilled nursing, which fell 3% from $76,600 per bed in 2014 to $74,100 in the 12-months ending June 30, 2015, according to a supplemental report to The Senior Care Acquisition Report. Still, skilled nursing prices have risen significantly since 2011 (when the average price paid was $51,100 per bed), and have seemingly plateaued at around $75,000 per bed. With SNFs taking on higher acuity (thus higher paying) patients while also trying to increase Medicare census, the average facility value will most likely not come close to those 2011 levels again.
