Mandate will ‘escalate’ buyer concerns about SNF operations

A proposed federal staffing mandate has the potential to scare off investment that is badly needed in the skilled nursing sector, a seasoned investment banking and restructuring expert tells McKnight’s. In this episode, Matt Caine, managing director of SOLIC Capital Advisors, warns there is “no question” the rule and its launch during a broad-scale healthcare labor crisis would lead to more skepticism about the market. “Time and time again, the shortages with respect to staffing continue to be a recurring theme and key element of diligence inquiry with respect to would-be investors, partners and buyers,” Caine tells McKnight’s Long-Term Care News Senior Editor Kimberly Marselas. “That’s only going to escalate.” Listen in to learn more about Caine’s concerns and his thoughts on making it fair and workable. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.