At the ASHA annual meeting, where they are not talking about record skilled nursing facility prices.
Ok, so here I am at the conclusion of the annual ASHA meeting in California, where we are not talking about record skilled nursing facility prices. This is a forum where all the major leaders in the seniors housing sector get together in a more informal setting and see what is going on in the their industry. But I am not going to talk about seniors housing today. I am going to talk about skilled nursing. We are wrapping up our analysis on the 2016 M&A market, and we may have a few surprises for people, but mostly in the skilled nursing side of the business. As you may know, skilled nursing prices have been rising rapidly, hitting record average price per bed numbers every year since 2012. And while we were a little surprised at the record $85,900 per bed set in 2015, it is looking like we will be blowing right through that for 2016. The question is sustainability. Can investors and operators keep paying these high prices when there is so much uncertainty in reimbursement policies. My guess is no. But keep an eye out for The Senior Care Acquisition Report.
