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Saturday, August 5, 2017

Long trade : OHI +9% (8/17)

Omega Health Investors, Inc. (OHI) is a Hunt Valley, Maryland based long-term healthcare facilities REIT, operating in the United States and the United Kingdom. Formed in 1992, Omega provides lease or mortgage financing primarily to operators of skilled nursing facilities (SNFs) and, to a lesser extent, assisted living facilities (ALFs), independent living facilities and rehabilitation and acute care facilities. These operators are responsible for all property level expenses, such as property taxes, staffing, and capital expenditures. Nearly 90% of Omega’s operators’ revenue come from reimbursements from Medicare and Medicaid.

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