Jeff Binder sold a 74 Bed Skilled Nursing Facility in Northwest Missouri November 1, 2009. The Seller because the facility was no longer an operational, or geographical, fit given their relatively light exposure in the state of Missouri. The Buyer was a regional long-term care provider with three other facilities in Missouri. The facility had a sufficient quality mix but overall census was around 50%. The Buyer has experience with rural facilities and has plans in place to enhance census and profitability via expanded services.
