Investor Presentaiton
Fundamentals Remain Favorable for Strong Organic Growth
Key Drivers of Organic Growth
Aging
Population
Population over 65 projected
to nearly double by 2060 (20)
Shift to Value-
based Care
Shift to value-based care, will
continue to benefit low cost,
high quality settings (e.g.
SNF)
Over the last 10 years the CMS
Reimbursement reimbursement rates in the SNF
Environment industry have increased at a steady
rate of 1.0% - 4.0%
Estimated Population Over 65
100,000
80,000
60,000
Market fragmentation creates significant consolidation opportunity (21)
74.5% Other
■ Ensign 3.7%
■Genesis 4.0%
■ Life Centers of America 3.2%
Pruitthealth 1.9%
11.1%
Pacifica 1.5%
Brookdale 11%
40,000
2016 2020 2025 2030 2035 2040 2045 2050 2055 2060
Favorable Backdrop for Growth in the Transitional Skilled Services Industry
28
Refer to pages 53-54 for end notes.View entire presentation