If ever there were a time to pause, assess the market, and evaluate the reality of your long-term care organization, it’s now.
The landscape for operators is changing rapidly, with both challenges and opportunities emerging at every turn. And as always, nothing drives decisions more than access to capital.
Whether you’re looking to expand your portfolio, renovate facilities, or pursue a merger or acquisition, securing the right financial backing and investment has become more important — and more complex — than ever. That helps explain why the NIC Fall Conference Sept. 23-25 in Washington presents a unique opportunity to unpack options and answers.
Given the certain uncertainty ahead, this conference will offer a valuable intersection for navigating the strategic decisions your organization must face. Investors, lenders, and operators will come together in one place, creating a unique opportunity for networking and deal making that you won’t find anywhere else.
And talk about good timing. When it comes to payment, policy and marketplace shifts, the sector now finds itself in uncharted and, frankly, confusing territory. On one hand, occupancy rates are climbing, yet new facility development remains historically low. Meanwhile, inflation and high interest rates have been exerting significant pressure on operating costs. Access to debt has tightened, and distressed sales are becoming more frequent as valuations lag behind recovery.
Many operators are left asking a fundamental question: “Which direction should I take?”
The NIC Fall Conference can help provide clarity. It offers insights into both broad economic trends and the finer details of shifting markets and investment. You’ll gain critical knowledge on interest rate projections, equity markets, and debt structures. This year’s event will also feature a discussion on how the outcome of November’s presidential election could impact the sector — a timely topic that just might shape your strategy for the year ahead.
While the price of admission to the NIC Conference isn’t cheap, it’s arguably a top investment to make — especially if you’re seeking capital or anticipate needing it soon. The knowledge and networking opportunities you’ll gain are likely to deliver long-term returns that far exceed the initial cost. The insights and connections forged here will not only help you tackle today’s challenges but also position your organization to seize emerging opportunities.
If circumstances prevent attendance, rest assured that McKnight’s editors will be on site to keep an eye on things. We’ll bring you key takeaways and expert insights, ensuring you stay informed and prepared to make sound decisions, no matter where you are.
Hope to see you there, and here.
John O’Connor is editorial director for McKnight’s.
Opinions expressed in McKnight’s Long-Term Care News columns are not necessarily those of McKnight’s.
