What is a REIT?

A Real Estate Investment Trust (REIT) is comparable to a mutual fund: it allows both small and large investors to pool moneys for investment in large property ventures that have the potential for long-term value appreciation. By law, a REIT must maintain dividend payout ratios of at least 90%, making REITs a strong choice for income-seekers. REITs must have at least 100 shareholders, no five of whom can hold more than 50% of the shares. REITs have existed in the United States since 1960, and were granted authority to form via Congressional amendment of a 1960 excise tax bill.

What is a Skilled Nursing Facility?

A Skilled Nursing Facility (SNF) is a specialized class of "nursing home," as it is commonly called. SNFs provide custodial and skilled nursing care 24/7; "skilled nursing" is provided by trained professionals who perform services needed temporarily due to an injury or illness, such as:

  • Care of post-operative wounds or dispensing and monitoring IV medications;
  • Physical therapy to rehabilitate strength and balance issues;
  • Speech therapy, following a stroke;
  • Occupational therapy, helping a resident to become independent again, including being able to perform personal care tasks like dressing and eating;

Facilities also typically provide pharmaceutical, laboratory and radiology services; social and educational activities; laundry services; transport services; end-of-life care; and respite care (temporary outsourcing of senior care to provide primary caregivers with time off). Many facilities are specially designed to accommodate residents with long-term neurological ailments like Alzheimer’s or Parkinson’s, as well as respiratory ailments and those who are increasingly physically frail.
Most importantly, Skilled Nursing Facility care is covered by Medicare Part A, based upon certain criteria. Meeting those criteria, residents are entirely covered for up to 20 days, and partial coverage between 21 and 100 days.

What is an Assisted Living Facility?

Assisted Living Facilities are senior housing solutions for adults who require some assistance such as medication management, bathing, dressing and transportation. These facilities emerged in the 1990s as an alternate form of senior care, for residents who struggle with fully independent living but require a lower amount of care than 24/7 medical attention provided by Skilled Nursing Facilities. ALFs are not covered by Medicare.

Does Omega engage in operations or management of senior care facilities?

No. Omega Healthcare Investors, Inc. engages in long-term lease arrangements of the facilities it owns to highly-experienced, mostly regional operators of senior care facilities. In some states, it is beneficial for our operators to own the facilities themselves in which case we may provide mortgage financing. We also provide capital for senior-care facility construction, remodeling, redesign and refurbishment. Leasing our facilities to highly regarded operators frees Omega from any liabilities connected with facility management, while it allows operators to concentrate on delivering the highest quality of care for their residents.

Where is Omega Healthcare Investors, Inc’s common stock listed?

Our common stock is listed on NYSE under the symbol OHI. For more detailed stock information, please visit our Stock Quote page.

Does Omega Healthcare Investors, Inc pay a dividend?

To see a list of our historical dividends, please visit our Dividends page.

How can I request additional information from Omega Healthcare Investors, Inc?

You can contact us via our Information Request page.

How can I receive email alerts from Omega Healthcare Investors, Inc?

To sign up for Email alerts on our Events, Documents, Press Releases and closing stock price information visit our Email Alert pages.