For nursing home operators with rapidly expanding portfolios, there are a lot of challenges and rewards to consider. Joseph Lee, Senior VP of Support Services at PACS, knows this first-hand.
Using a model that invests in strong administrators and frees them to lead locally, Providence Group has edged itself into position as one the nation’s five largest nursing home operators over the last two years.
To build relationships that can weather hurdles and succeed in a “new era” for nursing homes, owners and operators should focus on how they can drive mutual growth over time, through symbiotic, creative deals generating long-term value.
