by Mark Davis | Oct 9, 2014 | Blog
The selling and buying of skilled nursing facilities is a hyperactive-market. By all indications, it is a seller’s market. There are more buyers than sellers. The buyers are either REITs, national chains, regional companies or fledging start-ups. Regarding the...
by Mark Davis | Sep 7, 2014 | Blog
Book Review: Health Care Mergers and Acquisitions Answer Book 2014 by Mark Davis, MUP, MBA, President, Healthcare Transactions Group, Inc. Health Care Mergers and Acquisitions Answer Book 2014, Edited by Andrew L. Bab, Kevin A. Rinker, Debevoise & Plimpton LLP,...
by Mark Davis | Jul 24, 2014 | Blog
In considering this question, the first thought that comes to mind, is a story my first boss shared with me early in my career. He asked: “Did you ever hear of the woman who remained a virgin despite being married three times? Well, the first husband she married...
by Mark Davis | Jul 23, 2014 | Blog
• “Bandwidth” – buyer has ability to review and evaluate multiple deals • Indemnity – What seller has to provide to stand behind statements represented and warranted in a sale contract • MAC Provision – part of purchase contract that deals with material adverse events...
by Mark Davis | Jul 1, 2014 | Blog
• Middle-Market – Transactions generally under $1 billion and involve non-publicly-traded companies. • One-Off Deal – Purchase of a single facility or entity, not a multiple entity deal • Portfolio Deal – Multiple facility or service sale • “Deal Has Hair” – a...
by Mark Davis | May 16, 2014 | Blog
The baseline metric for the valuation of a skilled nursing facility is the amount of Net Operating Income generated by operations, or more specifically, EBITDAR, consisting of Earnings before Interest, Taxes, Depreciation, Amortization and Rent, divided by rates of...