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Selling a skilled nursing facility in Connecticut

What moves the price of a Connecticut nursing home, how a sale runs from first call to change of ownership, and where to see the record for every Connecticut building.

By Stan Klos III · Updated October 2026
Each point is one of Connecticut's 191 certified skilled nursing facilities. See every one on SNFRadar ↗

Connecticut at a glance

Connecticut has 191 Medicare- and Medicaid-certified skilled nursing facilities with 22,535 certified beds, and on average 86.9% of those beds are occupied, above the national average of 80.3%.

191certified facilities
22,535certified beds
86.9%of beds occupied

Source: CMS Provider Information file, August 2026. The full Connecticut picture, rates and every building are on SNFRadar, the market record we built and publish free.

What a buyer reads first in Connecticut

The numbers a buyer pulls before the first call, for the typical Connecticut building against the nation. Your own building's are on its SNFRadar page.

Connecticut by the numbers
86.9%of beds occupiedU.S. 80.3%
69%Medicaid share of days, medianU.S. 66%
$415revenue per patient day, medianU.S. $373
3.2%net margin, medianU.S. 3.6%
3.73nurse hours per resident dayU.S. 3.86
0.69RN hours per resident dayU.S. 0.69
37.4%nurse turnover in a yearU.S. 45.8%
39%rated 4 or 5 starsU.S. 40%
44%rated 1 or 2 starsU.S. 41%

Sources: CMS Provider Information file, August 2026 (occupancy, staffing, turnover, star ratings: averages across certified buildings); Medicare cost reports (full-year filings), as SNFRadar compares them (medians, the same figures each building's SNFRadar page is compared against).

What moves value in Connecticut

Occupancy. 86.9% of Connecticut's certified beds are occupied, above the national 80.3%. Full buildings are the norm here, so a buyer will ask why yours is not, or price in the referral strength if it is.

Payer mix and the Medicaid rate. Medicaid pays for 69% of resident days in the median Connecticut building, close to the national 66%. Small shifts between Medicaid and Medicare census move value, which is why buyers ask for census by payer, month by month. Connecticut's Medicaid rate files are on SNFRadar.

Revenue and margin. Net patient revenue runs $415 per patient day in the median Connecticut filing, above the national $373, and the median net margin is 3.2%, close to the national 3.6%. Value turns on whether your building beats its state's median, not on the state.

Staffing. Connecticut's buildings average 3.73 nurse staffing hours per resident per day, fewer than the national 3.86, and nurse turnover runs 37.4% a year against 45.8%. A stable staff is easier to show here, and buyers notice a building that is the exception.

Inspection record. 39% of Connecticut buildings are rated four or five stars by Medicare and 44% one or two, against 40% and 41% nationally. Every buyer reads the last three inspections before pricing; each building's are on its SNFRadar page.

Size and ownership type. The average Connecticut building has 118 certified beds, against 107 nationally. 80% are for-profit, 19% non-profit and 1% government, and 58% are part of a chain.

Where the beds are

Connecticut's largest counties by certified beds. Each opens that county's buildings on SNFRadar.

CountyFacilitiesCertified beds
Capitol658,111
South Central Ct232,661
Western Ct202,629
Naugatuck Vly202,237
Greater Bridgeport152,055
All 9 Connecticut counties

How a sale works

  1. A first call. What you want from the sale, and when. No listing, no blast.
  2. A value from the record. Your building's own numbers and the trades around it. How valuation works
  3. Vetted buyers under confidentiality, bidding against each other, not against you.
  4. Letter of intent, then the purchase agreement and the operations transfer agreement. The full process
  5. Change of ownership. Connecticut's licensure filings plus Medicare and Medicaid, timed so billing does not stop. CHOW and Medicaid

Our recent closings

One shot deal · Seven states · November 2025

One shot deal: $545 million.

A 5,000-bed skilled nursing portfolio across seven states in the Midwest and Southeast, sold for approximately $545 million.

Read the deal sheet

All five closings, with the press coverage they drew.

Questions owners ask

How many nursing homes are in Connecticut?

Connecticut has 191 Medicare- and Medicaid-certified skilled nursing facilities with 22,535 certified beds, according to the CMS Provider Information file (August 2026).

What is the average occupancy of Connecticut nursing homes?

On average 86.9% of certified beds in Connecticut are occupied, above the national average of 80.3% (CMS Provider Information, August 2026).

Do you work with sellers in Connecticut?

Yes. We advise skilled nursing sellers nationwide; our published closings so far are in Ohio, Mississippi, North Carolina and a seven-state portfolio across the Midwest and Southeast.

How much of Connecticut's nursing home care does Medicaid pay for?

In the median Connecticut building, Medicaid pays for 69% of resident days, against 66% nationally (Medicare cost reports (full-year filings), as SNFRadar compares them). That share is why Connecticut's Medicaid rate method decides so much of a building's value.

Are Connecticut nursing homes profitable?

The median Connecticut building that filed a full-year Medicare cost report shows a net margin of 3.2%, against 3.6% nationally. Margins vary widely from building to building; each building's own filing is on its SNFRadar page.

Is the first conversation confidential?

Yes. Nothing about you or your building goes to a buyer without your say.

Do you represent buyers?

No. We represent sellers. Buyers can share their acquisition criteria with us so we know who to call when a building fits; that does not make us their broker.