Market assessments help determine the direction of skilled nursing facilities in Illinois
- Determining strategy for alternative senior housing uses and the future demand for skilled nursing beds
- Recommendations on upgrades, alternative uses, and closures
We’re often approached by operators of skilled nursing facilities to prepare strategic assessments, and have considerable expertise in this area.
Project focus ranges from marketability to future demand for beds, as well as potential uses for wings no longer being used and additional services that can be offered. These often include analyses of demand for independent living, assisted living, memory care, and out-patient therapies.
In addition, we’re frequently asked to consider whether the location of an existing older facility should be upgraded or closed, based on demographic trends and market conditions.
Our assessments have determined the direction of multiple nursing facilities in small towns and larger cities in Illinois.