Peace Capital Holdings LLC (DE) has a particularly strong skilled nursing presence in New Jersey, according to the latest CMS data analysis.
Portfolio Overview
The Delaware-registered company currently operates 58 skilled nursing facilities across seven states, with New Jersey representing its largest market concentration. With 29 facilities in New Jersey, Peace Capital Holdings shares the position of largest skilled nursing facility owner in the state alongside SMS 2021 Trust, which also owns 29 facilities.
Beyond New Jersey, the company has established a significant regional footprint with 10 facilities in Maryland, seven in Connecticut, four in Wisconsin, three each in Pennsylvania and Delaware, and two in West Virginia. This multi-state presence positions the company as a major regional player in the Northeast and Mid-Atlantic skilled nursing market.
Analysis of CMS data reveals that Peace Capital Holdings maintains complete ownership (100%) of 52 of its 58 facilities, with the remaining 6 facilities under majority control (ownership between 50-99%).
Market Context
The skilled nursing sector in New Jersey faces an evolving regulatory landscape that impacts owners like Peace Capital Holdings. Recent legislative changes have established minimum staffing ratios requiring one certified nursing assistant per eight residents during day shifts, with adjusted ratios for evening and night shifts. These requirements aim to improve care quality but increase operational costs for facility operators.
However, New Jersey’s Quality Incentive Payment Program (QIPP) has proposed nearly doubling maximum bonus payments for facilities achieving quality performance goals in FY2025, increasing the daily add-on from $12.60 to $23.25 per resident.
