A mom & pop recently divested a 180-bed skilled nursing facility in Lancaster, Ohio. The facility has been in operation for almost five decades but faced challenges exacerbated by staffing and occupancy headwinds. The local family owner/operator engaged Blueprint in the sale of the SNF.
Blueprint targeted regional providers and mostly private investors, generating multiple offers resulting in the ultimate selection of an owner/operator seeking to capitalize on the Ohio Medicaid rate increase implemented in 2023. The transaction and the transition of operations closed prior to year end to preserve eligibility for the Ohio Quality Incentive Program. Connor Doherty and Ryan Kelly handled the transaction.
