Skilled Nursing News May 3, 2024
Omega Healthcare Investors, Inc. (NYSE: OHI) reported a successful first quarter with $75 million in new investments, including real estate loans, acquisitions, and capital projects.
Despite industry challenges such as the recently announced minimum staffing rule, CEO Taylor Pickett said he is satisfied with the company’s performance, citing higher interest income, improved operational metrics and occupancy, and reduced agency staffing use.
Yet Pickett said he was disappointed with the final ruling on minimum staffing.
“Many of the constructive industry ideas and comments that include the use of technology and certain best practices are not included in the final rule,” he said, adding that the rule will add an undue burden given the industry’s current labor challenges.
However, he acknowledged the...
Today's Sponsors
Today's Sponsor