it. I Thanks, thanks and for us. joining Mike, and good day appreciate to everybody
moderate care operators, year also and here are our a at then which the real the an see few again to also showing at start positivity, the more have dedication. we and would First I a job on have who in let and all once but appreciation like well. as providing and and employees damage, of Texas all to some state every thank who call resilience want execute the where a the talk facilities, finally, amazing express done on continued to later, to about housing to emergency have other continue have tunnel And to in minutes. to was recently sector the that minor shouldn't senior out generators. the if facilities else skilled operators, have continuing and difficulties with the federal all provide sector, everything the to the fortunately weather living backup elderly. the also government then had I through cause. who to assisted I'd the I'll light and day they're point for they my what of the who want go here me primarily the end of the caregivers really And support went are we show There thanking top any. up by to finally thought just frontline sectors workforce, mission to mean through I
that facilities past that. So short outs, that them short that and now, to on our very of facilities fine but only a had the was they on The get didn't of And to dealt was there and were evacuate one roads a had a else really of was last few staff we're block for physical But difficult. top again of everything for really with time. in right perspective, bigger problem but able most drive from very all just period that being to plant and long. have
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noted our of ESG board I ago. second new with a members one So,
that work through We we've this the in initiative throw outcome. on By ratings S&P the Fitch our We months things will be something affirmed we're with we and as with and all the first before started a dealing months, pandemic. next remove the releasing certainly outlook also have really the agencies, working going negative Rating are really we're all The pandemic next affirm with report some pleased pandemic well fantastic down. ratings And our was our the done and inaugural that our to to out pandemic well. still have report. the few released. come few ESG
and great more talk that. will feel Harold really about about we So that
moving Dan to some announcement is Dan of become Sunrise. on onto tenants. He have CEO edge. is of that Jack been beginning of with been COO. a to great since really there the over job Now the with did And CEO of we has really that our Enlivant. there Jack fantastic seeing going relationship be Everybody deep building was has Callison He Enlivant Guill the with Enlivant rather. the is Dan. the Jack an CEO, a
anybody outside. lines be so that do there, instrumental on that the is CEO. strongly We don't very, there will as continue to the any very to Jack that great changes feel established. to He noticeable a feel And and building more was in on We are all comfortable. job going a that expect Dan we than culture
this – year a it know we detail like really this to resolve a and than would to other expect not We also to us TPG expect at it's the has potential they year. in resolution JV share this point, let
So really the take The XX% we'll be knows working team during It's the portfolio. making going We with as we're buy pandemic the a portfolio great, notwithstanding, or time their out, we to exit by pandemic. buy TPG think I out whether liked to for it's is able on us assets. decision liked owned or that's taken and be recover. is retain And the XX% we to a we TPG. everybody but hit the to
And it do We're not do us just to work for going economically. so, has just to it's it. to
remains we to and be our shareholders whether is seen. with so get And beneficial transaction can a have TPG there to that
So on And as talk stay more about Harold little that that. tuned will bit for more well. a
$XX that and still a the of hasn't distributed that's point terms that want in been In HHS is I fund number. out the to GAO stimulus, left billion there
very a number specific quite The there XX hospital that that So were of to accurate that's number. is a billion in is because increase the actually back not are HHS. to returning providers funds going needed of process
So we relatively going to the think significantly. is XX billion actually increase
still. but well. that, that pretty on yet money makes sitting as to that the ongoing what's on it with happen tuned There are we good don't of feel there it going certainly discussions, stay know level but exact allocation So
waiver year, actually quarterly We're But the health you probably act going carries and be public the but As that can we're Becerra Chiquita to Administrator with confirmed. Xavier relationship that and also nominations that for look CMS those will public it for through be quarter. very extended continued increments. we that only act pleased Biden's and with the day health that's technically note emergency their having extended course a in dialogue Secretary three on extended of with nominations all of was the and it sequestration, another to stay the productive forward know, that's emergency FMAP. want optimistic the Brooks-LaSure assuming of I President folks, HHS are for
what any the effects they're residents numbers since and least they're and the expected have care the patients end okay seeing to saw which they and two we really thought that shots they have have And – they started dramatically. aggregate, as they aggregate to close obviously one, vaccine they In having December, vaccine is and were on up the the stats, Now, with that staff, their XX%. we're and improved scheduled if I is increased think only XXX% who XX% their in and about there when confidence. moving and weren't to of staff, got we're the see received would patients at vaccine now second received to provide it side the colleagues if to receive was for residents so at of our that not the one of update
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number patients over XX% are and residents, We on have employees. a operators of that actually
just news. good that's all So
these restrictions, facilities for of availability impetus has beds vaccine due improvement. restrictions rollout, facilities, isolation admissions simply are the been it Due due so occupancy to to necessary. cohort As of provide lack which will additional limited and eased much to for the are
significant significant, one been because as beds, have isolation had being that rooms focused on equally of hospitals but always bed are well the that number only at equally – for but those surgeries admission those the our certainly made protocols. use two restrictions can very have the of we flow huge we've regular but And capacity occupancy. the So factors, not having cohort and and for hampering admits
more normalization improving environment amount and occupancy normalization So as the the accelerate we then vaccines starts see we uptake should of activities. lessen going improvement. in all even facts, with and start to also facilities the having that automatically group be those the there ahead a that will That's margin to labor of have of should
of early communities impacted January. terms surge, facilities week that's peak And the positive by only had since been have dramatically the that tests In and only have recent improved last COVID week two two the COVID new before. of
news and has mortality as our there. improvement well, seen come portfolio nationwide care So, as so dramatic just facilities. for good in the We see down same we've cases and really that dramatically all long-term
couple nursing is health it's existence impact and Now would been benefits a over out One, the I calls occupancy. health This been terms difference the senior at a well home to housing. that home health come of because and there, that's mention not pandemic narrative or the on narrative. It's off home that's point lot and out of of home has the by it's in just skilled part narrative for and been the earnings impacted had whether on of a want some in one decades. there health new this sniff I up is nothing in
particularly can pandemic looming. and discharged care health with go patients think care clearly they health get admitting we it's good – a And frankly, lightest we do benefited to home a to patients as because crisis demographic has home. hospitals So the more take home back have thing during lightest that
and throughout access in decline exacerbated be in nursing. supplying issues are they're We unskilled going terms that already skilled to the of country have a
need country they've So a more be as we from to taken as actually society taking historically a and the perspective. acuity home health than
intense and got However by all in intense. to nursing therapists that paradigm said, living by and but in got but huge living, with day. And same you've facilities going for change. between are therapists definition much years in clock It's as acuity nursing, there the the so last we intensive acuity visits isn't over in There nurses it's skilled health assisted interim home the home around differences the more XX/X. rising XX obviously not the assisted very see we've the settings nurses skilled every than
the doesn't our things We through out two can everything the recent We're we more Genesis QX normalizes to pandemic. bottom it And million So talk coming on in paradigm think under about portfolio. so the either, will configured activity pass $XXX.X expect in else On was investment that's and see But managed change moved going cash normalize that because on it's only best a close based statistics to we managed down. of as We yield are primarily we more issues. talk the were determine that. how guidance guidance, but about not with is most that we we those there. to to XXXX a really just put really, that and in do blended detail occupancy Harold sure resolve X%. then
And some currently at whole we're starting opportunities, there additional about starting see some there. interesting seeing actually housing, opportunities. and billion to out a see pipeline behavioral but senior we more acquisition some. $X.X lot stands to just primarily are Our still, We're we're opportunities to not skilled but looking that
in February from has the and of very through end our second they're actually effectively point industry about basis which some improved and basis as basis to mix, bottomed operators. time, point was year was the SNF moving points, seven but decline end XXX To points out recovered almost our the in that X,XXX points two December. up points during top statistics, XXX at from in XXXX down December through months February occupancy in a XXX hit they basis points that general important – for since the points XXXX. basis bottom of of mitigant of The the basis this operators from has Skilled end industry end the stopped – February week the well. actually XXXX XXX Now through however, recovered the during they've XXX aggregate dropped skilled XXXX, occupancy operating
we'd be the some projected to we And to be quarter top can data but month. too year. points project, of you industry and kind by both it's shape improving know really talked of that So early it on back track operators around we've because of to XXX more – as for this XXXX good the conferences in first we've if skilled end points by in that had, got we've that close about our for that sort we actually the aggregate pretty stay of basis the a would We'd really love or of back. obviously,
if can see actually we'll we So that. beat
with that's operators portfolio actually dropping well specific points facilities within very of up category. basis function really are in – really lease leased period that in to housing and during senior having that XXX that a occupancy quite in XX small Our a held those markets
in we've EBITDAR large so they the coverage to coverage, part that gotten to pretty assistance a held the unlike side, X.XX. space. skilled than wasn't X.XX to was all skilled leased less the senior senior And much housing from assistance improved actually X.XX in the which obviously well EBITDAR coverage, housing flip there lease due that And on
with our have forecasted pretty change. of it NOI. and collections required rents. Throughout have expected unaffected is turn the that, It's And permanent Talya. point. And finally, don't our our of portfolio by any the at this And a would and in hospital to XX% been None the still XX.X% to as of I pandemic, restructurings contribute we drop shape pandemic out want been I'll good that that some. expect operators point occupancy coverage well. our meaningful at have over to has to specialty and rent aggregate rent So that EBITDAR we X.XX
