Skilled Nursing News March 12, 2025
Starting a new nursing home business is rare, considering the sector’s notoriously tight regulations and slim margins. But, Indiana-based Journey Skilled Nursing has grown to 22 facilities across six states in just under a year, with plans for more M&A in the spring of 2025.
Journey is led by industry veteran Bernie McGuinness, who has built a team with robust expertise as the company reaches its anniversary, with a focus on a regional cluster model seen at larger nursing home operators like the Ensign Group (Nasdaq: ENSG).
McGuinness spoke with Skilled Nursing News about his new position, and what’s next for Journey in the years ahead, including more acquisitions, significant investments in facilities and technology, and the need for a...