In the executive order signed on his first day in office, President Trump instructed federal agencies to prepare to grant states more flexibility in managing their health care programs, possibly clearing the way for Medicaid block grants. How could block grants affect seniors housing and care?
Shortly after the U.S. presidential election, the Senate and House began the formal process of repealing the Affordable Care Act (ACA). Then, within hours of his inauguration, President Donald Trump signed an executive order instructing all federal agencies "to minimize the unwarranted economic and regulatory burdens of the Act, and prepare to afford the States more flexibility and control to create a more free and open healthcare market." Just as the ACA acted as a major reform of the health care payment and delivery system, repealing the ACA will also have a major impact on health care providers, consumers, and the companies in between, such as pharmaceutical manufacturers and, of course, insurance companies. But how will the repeal of the ACA directly affect providers in the seniors housing and care space?
Components of Market Analysis for Seniors Housing and Care Market studies are a critical component of the seniors housing development planning process. They’re hard to get right and, unfortunately, extremely easy to get wrong. In this multi-part blog series, I’ll provide the nuances, techniques, and best practices for making your market study a successful tool that helps prevent major project failures and uncover significant opportunities. First up: The integral components of a successful market study.
Over the past few years, public buyers, dominated by the public REITs, have been the dominant player buying seniors housing and care properties. That changed in 2016, when higher costs of capital limited purchases by public REITs. Consequently, acquisitions by institutional buyers and private buyers (including private REITs and partnerships) accounted for the majority of dollar volume in 2016. With public REITs relatively quiet in terms of closed deals, volume dropped significantly compared to 2015. However, smaller dollar transactions kept 2016 active.