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Selling a skilled nursing facility in Montana

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

By Stan Klos III · Updated October 2026
Each point is one of Montana's 61 certified skilled nursing facilities. See every one on SNFRadar ↗

Montana at a glance

Montana has 61 Medicare- and Medicaid-certified skilled nursing facilities with 4,997 certified beds, and on average 68.0% of those beds are occupied, below the national average of 80.3%.

61certified facilities
4,997certified beds
68.0%of beds occupied

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

What a buyer reads first in Montana

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

Montana by the numbers
68.0%of beds occupiedU.S. 80.3%
64%Medicaid share of days, medianU.S. 66%
$360revenue per patient day, medianU.S. $373
4.9%net margin, medianU.S. 3.6%
4.05nurse hours per resident dayU.S. 3.86
0.98RN hours per resident dayU.S. 0.69
54.8%nurse turnover in a yearU.S. 45.8%
37%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 Montana

Occupancy. 68.0% of Montana's certified beds are occupied, below the national 80.3%. With empty beds common, buyers pay for a building that fills its own and discount one that cannot say why it does not.

Payer mix and the Medicaid rate. Medicaid pays for 64% of resident days in the median Montana 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. Montana's Medicaid rate files are on SNFRadar.

Revenue and margin. Net patient revenue runs $360 per patient day in the median Montana filing, close to the national $373, and the median net margin is 4.9% against 3.6%. Buyers here can price on the cash flow a building already earns.

Staffing. Montana's buildings average 4.05 nurse staffing hours per resident per day, more than the national 3.86, and nurse turnover runs 54.8% a year against 45.8%. Buyers treat agency use and turnover as a cost they will inherit, so a stable staff is worth showing early.

Inspection record. 37% of Montana 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 Montana building has 82 certified beds, against 107 nationally. 57% are for-profit, 31% non-profit and 11% government, and 52% are part of a chain.

Where the beds are

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

CountyFacilitiesCertified beds
Yellowstone7894
Flathead6610
Silver Bow4449
Cascade4335
Missoula3318
All 32 Montana 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. Montana'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 Montana?

Montana has 61 Medicare- and Medicaid-certified skilled nursing facilities with 4,997 certified beds, according to the CMS Provider Information file (August 2026).

What is the average occupancy of Montana nursing homes?

On average 68.0% of certified beds in Montana are occupied, below the national average of 80.3% (CMS Provider Information, August 2026).

Do you work with sellers in Montana?

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 Montana's nursing home care does Medicaid pay for?

In the median Montana building, Medicaid pays for 64% of resident days, against 66% nationally (Medicare cost reports (full-year filings), as SNFRadar compares them). That share is why Montana's Medicaid rate method decides so much of a building's value.

Are Montana nursing homes profitable?

The median Montana building that filed a full-year Medicare cost report shows a net margin of 4.9%, 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.