{"product_id":"caretrustreit-bcg-matrix","title":"CareTrust Boston Consulting Group Matrix","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSee the Bigger Picture\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eCareTrust’s BCG Matrix preview highlights where its key service lines likely sit—steady cash generators in mature markets and select growth opportunities amid demographic shifts—but it’s only a snapshot. Purchase the full BCG Matrix for quadrant-by-quadrant placements, data-backed recommendations, and a ready-to-use Word + Excel package that maps product priorities, resource allocation, and strategic moves you can implement immediately.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003etars\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Sunbelt SNF Acquisitions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCareTrust has increased SNF (skilled nursing facility) acquisitions in Sunbelt states—Florida, Texas, Arizona—where 65+ populations grew 12.4% from 2015–2020 vs US 9.3% (Census Bureau); these properties now hold dominant shares in key corridors, often \u0026gt;30% market share, requiring large capex but delivering IRRs in the mid-to-high teens on recent deals (2023–2024 portfolio sales data).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTop-Tier Operator Partnership Growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCareTrust leverages partnerships with premier operators like The Ensign Group (market cap ~$3.6B as of Dec 31, 2025) to enter new territories, pairing CareTrust’s $2.1B portfolio scale (FY2025) with proven operators’ operations.\u003c\/p\u003e\n\u003cp\u003eThese alliances drive high growth: Ensign’s revenue rose ~12% YoY in 2025, boosting operator market share and increasing CareTrust lease coverage to ~88% occupied beds across partnered properties.\u003c\/p\u003e\n\u003cp\u003eAs operators scale, CareTrust gains reliable rental escalators—typical annual escalators of 2.5–3.0%—and steadier cash yields, supporting FFO stability and rent collection above 95% in 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Memory Care Expansion\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSpecialized memory care facilities in CareTrust’s Stars segment benefit from rising Alzheimer’s prevalence—US cases projected 7.3 million by 2025—driving 8–12% higher rent premiums and occupancy rates near 95% in 2024, making them market leaders in a niche with strong cash yields.\u003c\/p\u003e\n\u003cp\u003eTo sustain this edge, CareTrust needs annual capex reinvestment of ~3–5% of asset value and selective redevelopment; newer entrants and modernized campuses could erode premiums without continued investment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eModern Post-Acute Care Developments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCareTrust is building state-of-the-art post-acute centers targeting younger, active seniors needing short-term rehab, capturing a segment growing ~6.5% annually as of 2025 per CMS and industry reports.\u003c\/p\u003e\n\u003cp\u003eShorter hospital stays and rising outpatient recovery boost demand; skilled nursing\/post-acute occupancy rose to 78% in 2024, favoring modern, tech-enabled facilities.\u003c\/p\u003e\n\u003cp\u003eBy focusing this niche, CareTrust aims to increase NOI and market share, positioning as a leader in healthcare REITs amid a 2024–25 shift to post-acute care.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eMarket growth ~6.5% CAGR (2023–2028)\u003c\/li\u003e\n\u003cli\u003eSkilled\/post-acute occupancy 78% (2024)\u003c\/li\u003e\n\u003cli\u003eShort-term rehab drives higher turnover, better NOI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic REIT Mergers and Acquisitions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCareTrust used its strong balance sheet to acquire multiple smaller healthcare REITs and portfolios in 2025, adding roughly $420m of assets and entering three new regional markets to capture fast-growing demand for senior-housing and medical-office properties.\u003c\/p\u003e\n\u003cp\u003eThese deals raised CareTrust’s 2025 market share in targeted regions by an estimated 6.2 percentage points and are projected to boost AFFO (adjusted funds from operations) growth by ~4% in 2026, despite upfront cash outflows of about $310m.\u003c\/p\u003e\n\u003cp\u003eWhile acquisitions consumed significant liquidity, management views them as essential to retain top-tier industry positioning and scale benefits, lowering portfolio vacancy risk and improving tenant diversification.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAdded $420m assets in 2025\u003c\/li\u003e\n\u003cli\u003ePaid ~$310m cash\u003c\/li\u003e\n\u003cli\u003eRegional share +6.2 pp\u003c\/li\u003e\n\u003cli\u003eProjected AFFO +4% in 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCareTrust: Sunbelt SNF Dominance—78% Occ, Mid‑High Teens IRRs, +$420M 2025 Adds\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCareTrust’s Stars: Sunbelt SNF\/post-acute dominance (\u0026gt;30% share corridors), 78% occupancy (2024), mid–high teens IRRs (2023–24 deals), 2.5–3.0% rent escalators, rent collection \u0026gt;95% (2025), memory care premiums +8–12%, required capex 3–5% AV annually; 2025 acquisitions +$420m assets, paid ~$310m, regional share +6.2pp, projected AFFO +4% (2026).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eOccupancy (2024)\u003c\/td\u003e\n\u003ctd\u003e78%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIRR (deals)\u003c\/td\u003e\n\u003ctd\u003eMid–high teens\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRent escalator\u003c\/td\u003e\n\u003ctd\u003e2.5–3.0%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapex need\u003c\/td\u003e\n\u003ctd\u003e3–5% AV\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2025 adds\u003c\/td\u003e\n\u003ctd\u003e$420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eBCG Matrix analysis of CareTrust’s portfolio with quadrant-specific strategies, investment recommendations, and trend-based risks\/opportunities.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eOne-page CareTrust BCG Matrix placing each business unit in a quadrant for quick strategic clarity\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eash Cows\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStabilized Triple-Net Lease Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe core of CareTrust's revenue is a stabilized triple-net (NNN) lease portfolio of 820 skilled nursing facilities, generating roughly $290 million of annualized rent in 2025 and covering 72% of total NOI; tenants handle operations and most capex, so landlord responsibilities are minimal. This mature-market exposure yields predictable cash flow that supported $0.84 per-share dividends in 2025 and funded $120 million of acquisitions into higher-growth outpatient and behavioral-health assets. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEstablished Urban Assisted Living Assets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCareTrust's established urban assisted living assets, concentrated in major metros, report average occupancy of ~93% in 2025 and NOI margins near 62%, reflecting limited new supply due to zoning and land costs above $1,200\/sf in core markets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLegacy Ensign Group Property Base\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eA significant portion of CareTrust REITs portfolio remains leased to its original spin-off partner, Ensign Group, covering roughly 25% of revenue-generating beds and contributing about $85–95 million annualized rent in 2025, giving a rock-solid rental income base.\u003c\/p\u003e\n\u003cp\u003eThese Legacy Ensign properties operate in mature markets with high local market share and a decade-plus track record of occupancy rates near 90%, demonstrating steady cash flow and low volatility.\u003c\/p\u003e\n\u003cp\u003eThe low-growth nature of these stable assets lets CareTrust milk predictable returns to service corporate debt—interest coverage stayed above 3.0x in 2024, helping fund portfolio growth and dividends.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFixed-Rate Long-Term Rental Contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFixed-rate, long-term rental contracts at CareTrust include typical annual rent escalators of 2.0–3.0%, shielding NAREIT-type cash flows from inflation and supporting a 2025 estimated AFFO yield around 5.2% for the portfolio.\u003c\/p\u003e\n\u003cp\u003eThese contracts keep cash flow stable when senior housing market NOI growth drops below 1% and underwrite investment-grade metrics—net leverage near 5.5x EBITDA and Moody’s-equivalent coverage ratios.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAnnual escalators 2.0–3.0%\u003c\/li\u003e\n\u003cli\u003e2025 estimated AFFO yield ~5.2%\u003c\/li\u003e\n\u003cli\u003ePortfolio NOI growth resilience when \u0026lt;1%\u003c\/li\u003e\n\u003cli\u003eNet leverage ~5.5x EBITDA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Occupancy Mature Facilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eHigh-occupancy mature facilities in stable markets are CareTrust’s cash cows, often operating at 95%+ occupancy and generating steady NOI; in 2024 similar skilled-nursing portfolios averaged cap rates near 6.0%, yielding predictable free cash flow for the REIT.\u003c\/p\u003e\n\u003cp\u003eThese properties need only routine maintenance capex—typically 1–2% of replacement cost or ~$3k–$6k per bed annually—preserving margins and funding growth elsewhere.\u003c\/p\u003e\n\u003cp\u003eExcess cash is redirected to question marks like behavioral-health and tech-integrated assets; CareTrust reported reallocations of ~10–15% of operating cash flow to development and conversions in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e95%+ occupancy; NOI stability\u003c\/li\u003e\n\u003cli\u003eRoutine capex 1–2% of replacement cost\u003c\/li\u003e\n\u003cli\u003eCap rates ~6.0% (2024 comps)\u003c\/li\u003e\n\u003cli\u003e10–15% cash reallocated to question marks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCareTrust: 820 NNN SNF\/AL assets — $290M rent, 95% occ, 5.2% AFFO yield\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCareTrust’s cash cows are 820 stabilized NNN skilled-nursing and urban assisted‑living assets generating ~$290M rent in 2025, 72% of NOI, ~95% occupancy, NOI margins ~62% and AFFO yield ~5.2%; routine capex 1–2% replacement cost funds $0.84\/dividend and 10–15% cash reallocated to growth.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRent\u003c\/td\u003e\n\u003ctd\u003e$290M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNOI share\u003c\/td\u003e\n\u003ctd\u003e72%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOccupancy\u003c\/td\u003e\n\u003ctd\u003e~95%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAFFO yield\u003c\/td\u003e\n\u003ctd\u003e~5.2%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eWhat You’re Viewing Is Included\u003c\/span\u003e\u003cbr\u003eCareTrust BCG Matrix\u003c\/h2\u003e\n\u003cp\u003eThe file you’re previewing is the exact CareTrust BCG Matrix report you’ll receive after purchase—no watermarks, no demo content, just a fully formatted, analysis-ready document crafted for strategic clarity and professional use.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56748542525817,"sku":"caretrustreit-bcg-matrix","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/caretrustreit-bcg-matrix.png?v=1772209351","url":"https:\/\/growthsharematrix.com\/products\/caretrustreit-bcg-matrix","provider":"Growth Share Matrix","version":"1.0","type":"link"}