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Ohio’s Long-Term Care Bed Prices are Decreasing
June 2010

The purchase price for the operating rights to long-term care beds in Ohio is decreasing based on updated data for the first 6 months of 2010. The average purchase price per bed for certificate of need applications filed with the Ohio Department of Health in 2009 and approved on or before January 20, 2010 was $22,639. Updating this information for certificate of need applications filed in 2009 and approved on or before June 6, 2010 shows that the average purchase price decreased to $17,206 per bed. This figure remains consistent at $17,955 per bed for the 3 certificate of need applications filed in 2010 and approved on or before June 6, 2010.

Please contact Chris Kenney at 614-227-4865 or at ckenney@bricker.com for more information on the average purchase price for beds in your county.  You can also visit our Certificate of Need Resource Center.

   

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