Skilled Nursing News August 6, 2024
American Healthcare REIT’s (NYSE: AHR) skilled nursing occupancy levels were down due to seasonality although executives remained optimistic and revised guidance for fiscal 2024 upwards, saying that demand across all its four segments was expected to remain strong.
“As we enter the latter half of 2024 demand and growth for health care real estate remains strong, as evidenced by the performance of our diversified health care portfolio during the first half of the year,” said CEO Danny Prosky, during the company’s second quarter earnings call on Tuesday.
American Healthcare’s revenue for the quarter was up 7.9% on a year-over-year basis.
“We continue to observe increased demand from an aging population which we expect will extend at least into the latter...
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