Selling a skilled nursing facility in Rhode Island

Rhode Island at a glance

Rhode Island has 72 Medicare- and Medicaid-certified skilled nursing facilities with 8,190 certified beds, and on average 84.0% of those beds are occupied, above the national average of 80.3%.

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

What a buyer reads first in Rhode Island

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

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 Rhode Island

Occupancy. 84.0% of Rhode Island'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 68% of resident days in the median Rhode Island 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. Rhode Island's Medicaid rate files are on SNFRadar.

Revenue and margin. Net patient revenue runs $378 per patient day in the median Rhode Island filing, close to 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. Rhode Island's buildings average 3.71 nurse staffing hours per resident per day, fewer than the national 3.86, and nurse turnover runs 40.6% a year against 45.8%. A stable staff is easier to show here, and buyers notice a building that is the exception.

Inspection record. 42% of Rhode Island 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 Rhode Island building has 114 certified beds, against 107 nationally. 85% are for-profit, 15% non-profit and 0% government, and 47% are part of a chain.

Where the beds are

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

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. Rhode Island's licensure filings plus Medicare and Medicaid, timed so billing does not stop. CHOW and Medicaid

Our recent closings

All five closings, with the press coverage they drew.

Questions owners ask