Lument’s Laca Wong-Hammond and Dominic Porretta examine how employee stock ownership plans (ESOPs) are becoming an increasingly popular financing solution for skilled nursing owner-operators, particularly those considering legacy planning or strategic alternatives such as a sale. In a guest column for McKnight’s Long-Term Care News, the authors detail how an ESOP transaction works and its many benefits and advantages, particularly in regard to employee recruitment and retention. Read the full story at McKnight’s below.
Read at McKnight’s Long-Term Care News
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