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Omega Healthcare Investors, Inc. (OHI) CEO Taylor Pickett on Q1 2020 Results - Earnings Call Transcript

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Omega Healthcare Investors, Inc. (NYSE:OHI) Q1 2020 Earnings Conference Call May 5, 2020 10:00 AM ET

Company Participants

Michele Reber - Senior Director, Asset Management

Taylor Pickett - CEO

Robert Stephenson - CFO, Treasurer & Assistant Secretary

Steven Insoft - Chief Corporate Development Officer

Megan Krull - SVP, Operations

Daniel Booth - Secretary & COO

Conference Call Participants

Connor Siversky - Berenberg

Tayo Okusanya - Mizuho Securities

Jonathan Hughes - Raymond James & Associates

Nicholas Yulico - Scotiabank

Nicholas Joseph - Citigroup

Daniel Bernstein - Capital One Securities

Lukas Hartwich - Green Street Advisors

Joshua Dennerlein - Bank of America Merrill Lynch


Good day. Welcome to Omega Healthcare First Quarter 2020 Earnings Conference Call and Webcast. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference over to Ms. Michele Reber, Senior Director, Asset Manager of Operations. Ms. Reber, the floor is yours, ma'am.

Michele Reber

Thank you, and good morning. With me today are Omega's CEO, Taylor Pickett; CFO, Bob Stephenson; COO, Dan Booth; Chief Corporate Development Officer, Steven Insoft; and Megan Krull, Senior Vice President of Operations.

Comments made during this conference call that are not historical facts may be forward-looking statements, such as statements regarding our financial projections, dividend policy, portfolio restructuring, rent payments, financial condition or prospects of our operators, contemplated acquisitions, dispositions or transitions and our business and portfolio outlook generally. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially. Please see our press releases and our filings with the Securities and Exchange Commission, including, without limitation, our most recent report on Form 10-K, which identify specific factors that may cause actual results or events to differ materially from those described in forward-looking statements.

During the call today, we will refer to

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Comments (1)

Has Management solidified it's handling the business risks with the support funding available at the various levels of civic responsibility to and including Federal Government ?

Other sectors of the economy are not timid for applying for grants that are more lavish than the SNF Industry i.e. travel / hotel industry .

In summary , SNF Industry is looked upon with little appreciation it provides for freeing up responsibility of the the most vulnerable ; I respect and appreciate the real responders that finish what the other aspect of health care is more recognized to diagnosing COV-19 patients .
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