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Selling a skilled nursing facility in New Mexico

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

By Stan Klos III · Updated October 2026
Each point is one of New Mexico's 68 certified skilled nursing facilities. See every one on SNFRadar ↗

New Mexico at a glance

New Mexico has 68 Medicare- and Medicaid-certified skilled nursing facilities with 6,880 certified beds, and on average 83.9% of those beds are occupied, above the national average of 80.3%.

68certified facilities
6,880certified beds
83.9%of beds occupied

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

What a buyer reads first in New Mexico

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

New Mexico by the numbers
83.9%of beds occupiedU.S. 80.3%
75%Medicaid share of days, medianU.S. 66%
$419revenue per patient day, medianU.S. $373
-1.6%net margin, medianU.S. 3.6%
3.53nurse hours per resident dayU.S. 3.86
0.63RN hours per resident dayU.S. 0.69
53.3%nurse turnover in a yearU.S. 45.8%
33%rated 4 or 5 starsU.S. 40%
49%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 New Mexico

Occupancy. 83.9% of New Mexico'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 75% of resident days in the median New Mexico building, more than the national 66%. That makes the state's Medicaid rate method the biggest single input to most buildings' value, and the first thing a buyer models. New Mexico's Medicaid rate files are on SNFRadar.

Revenue and margin. Net patient revenue runs $419 per patient day in the median New Mexico filing, above the national $373, and the median net margin is -1.6% against 3.6%. With thin margins common, buyers price on what they can fix, so a seller who can show where the costs sit gets paid for it.

Staffing. New Mexico's buildings average 3.53 nurse staffing hours per resident per day, fewer than the national 3.86, and nurse turnover runs 53.3% 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. 33% of New Mexico buildings are rated four or five stars by Medicare and 49% one or two, against 40% and 41% nationally. With low ratings common here, a clean inspection record stands out, and buyers pay for it.

Size and ownership type. The average New Mexico building has 101 certified beds, against 107 nationally. 85% are for-profit, 9% non-profit and 6% government, and 71% are part of a chain.

Where the beds are

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

CountyFacilitiesCertified beds
Bernalillo182,263
San Juan6595
Dona Ana6540
Sandoval3304
Grant2300
All 23 New Mexico 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. New Mexico'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 New Mexico?

New Mexico has 68 Medicare- and Medicaid-certified skilled nursing facilities with 6,880 certified beds, according to the CMS Provider Information file (August 2026).

What is the average occupancy of New Mexico nursing homes?

On average 83.9% of certified beds in New Mexico are occupied, above the national average of 80.3% (CMS Provider Information, August 2026).

Do you work with sellers in New Mexico?

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 New Mexico's nursing home care does Medicaid pay for?

In the median New Mexico building, Medicaid pays for 75% of resident days, against 66% nationally (Medicare cost reports (full-year filings), as SNFRadar compares them). That share is why New Mexico's Medicaid rate method decides so much of a building's value.

Are New Mexico nursing homes profitable?

The median New Mexico building that filed a full-year Medicare cost report shows a net margin of -1.6%, 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.