News & Press Releases

NIC Announces ‘2010 National Skilled Nursing Investment Forum’

Press Room – 2009 NIC Press Releases

NIC Announces ‘2010 National Skilled Nursing Investment Forum’

New Event to be Co-Located with NIC Regional Symposium

FOR IMMEDIATE RELEASE: September 24, 2009
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – The National Investment Center for the Seniors Housing & Care Industry (NIC) is holding an investment-focused conference for owners, operators, investors, association leaders, and government representatives who have specific interest in the skilled nursing sector. The National Skilled Nursing Investment Forum, “Moving from Yesterday to Tomorrow: Capital and Reimbursement Strategies,” will debut at the Hilton San Diego Bayfront Hotel, San Diego, Calif., on March 8-10, 2010, and is planned to become an annual event.

“I expect this to become one of the premier nursing home conferences in America,” said James Gomez, CEO and president of the California Association of Health Facilities (CAHF). “It will bring together important stakeholders for this sector in one spot. As such, it’s a ‘can’t-miss’ event for multi-facility owners.”

“With the average skilled nursing facility now 30-40 years old and continuing to lose occupancy each year to newer competitive options, the focus of this inaugural Forum is a critical one,” said Robert G. Kramer, president of NIC. “It will connect those who have already gone through the process of modernizing and repositioning their properties with decision-makers who are considering these major capital outlays, plus it will provide in-depth discussions on best practices, accessing capital and reimbursement strategies.”

“Numerous case studies will be presented,” continued Kramer, “ranging from new construction and major renovations to operators who have achieved superior results in older properties without large capital expenditures by focusing on staff training and creating a more resident-centered environment.”

“Another attractive feature is that NIC has made it very easy for those who want to attend both this Forum and the NIC Regional Symposium,” said Doug Korey, managing director, Contemporary Healthcare Capital LLC, and Forum committee chair. “Not only will the two events be held back-to-back at the same location, but general attendees can attend the Symposium at no additional cost; for operators, it’s just $350 more. The combination of these two conferences offers all operators – whether they focus exclusively on skilled nursing or private-pay seniors housing or operate both types of properties – the opportunity to attend presentations specifically geared to their interests.” The NIC Regional Symposium, being held on March 9-11, 2010, was created for local or regional-based seniors housing and care operators and will have a more private-pay focus.

“One of the most popular features of NIC’s conferences is the ability to network and the National Skilled Nursing Investment Forum will be no different,” added Korey. “Over the two-day period, Forum attendees will enjoy multiple opportunities to meet key lenders and investors who are interested in this sector. Those who stay through the Symposium will double their networking experience.”

The early bird rate for the 2010 National Skilled Nursing Investment Forum is $1000 for general (non-operator) attendees; $1350 after January 15, 2010. The rate includes free admission to the NIC Regional Symposium. For operators, the rate is $600, which increases to $750 after the early bird deadline. Operators pay just $350 more to attend the Symposium.

Registration is limited and opens in late September 2009. To register, visit www.nic.org/events/snif/. To become a sponsor, contact Elisa Infante Freeman at (410) 267-0504 orefreeman@nic.org.

About NIC

Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit education and research organization providing information about business strategy and capital formation for the senior living industry. NIC is the leading provider of historical and trend data on the industry through its NIC MAP® Data and Analysis Service that tracks properties in the 100 largest metropolitan areas and its Key Financial Indicators™ (KFIs) that report nationwide statistics. Proceeds from its annual conference and other events are used to fund data and research on issues of importance to lenders, investors, developers, operators, and others interested in meeting the housing and care needs of America’s seniors. For more information, visit www.NIC.org or call (410) 267-0504.

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