About Richard Matros
Richard Matros, chairman and CEO of Sabra Health Care REIT, said in a September 2024 interview that the company is focused on earnings growth and is prepared to expand across all its current asset classes, including skilled nursing. He noted that the company’s skilled nursing margins have returned to pre-pandemic levels and that operators are "upbeat for the first time in four years." Matros stated that Sabra issued guidance for the first time since the pandemic and is showing earnings growth for the first time in that period, adding that there is "a really nice runway to growth both in SHOP and in skilled nursing" and that the company is now looking at acquisitions.
Matros has also spoken about his personal background and philanthropic activities. In a March 2024 podcast, he discussed his involvement with IsraAID US and other nonprofit organizations, as well as his work with Healing Ink, a project that brings tattoo artists to Israel to work with survivors of terror attacks and veterans. In earlier interviews, Matros described his career path from an activity director in a nursing home to leading a REIT, and emphasized the importance of surrounding oneself with smart people, encouraging creative thinking, and maintaining a flat organizational structure. He has also advocated for greater recognition and support for skilled nursing facilities and their staff, particularly during the pandemic.
Source: AI-verified profile updated from Richard Matros's recent appearances.
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Transcript (1 segments)
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Richard Matros0:02
My commitment to taking care of the elderly started when I was in college. I was involved in a volunteer project. My undergraduate work at the time was in psychology, but doing some work in our local nursing home just had a huge impact on me. I basically fell in love with the residents that were there and decided to get my graduate degree in gerontology. I did that at the University of Southern California gerontology school, and I'm on the board of that school currently. Once I finished my degree, I got a job in a nursing home as an activity director. I spent a number of years at the facility level in different positions, eventually being an administrator. I worked side by side with all the other caregivers and the other staff. One of the things that I learned early on was that I went into this profession hoping to share what I thought I had to give to the care of the elderly, but it became apparent pretty quickly that I got more from them, the patients and the residents, than I could ever give to them. They live long, colorful, productive, inspiring lives. Hearing their stories and learning from them forever made me committed to the long-term care industry and caring for the elderly. We're here to provide care for those that are the most vulnerable, and they say that society is judged by how we care for those that are most vulnerable.