Finances in the CCRC Industry – 3PM Nov 8

Posted on October 31, 2017 by Jim deMaine

“Financial Issues in Today’s CCRC Industry”

November 8, 2017, Wednesday, 3:00PM at Skyline

Leading Age Washington and WACCRA jointly invite you to an educational program entitled “Financial Issues in Today’s CCRC Industry.” This program is the first of a series of educational offerings planned for the coming year.

This kick-off program features a presentation and discussion by Mary Munoz and Sarkis Garabedian of Ziegler. Ziegler is the #1 ranked national company in the field of Senior Living finance with many clients in the Greater Seattle area. For more information about Ziegler, please click on:

https://www.ziegler.com/

This presentation will be of particular interest to Resident Finance Committees and WACCRA members with a keen interest in CCRC finances.

Areas addressed will include:
• How does Ziegler see the financial health of the CCRC Industry today? Trends? Concerns?
• What analytical metrics does Ziegler use, beyond examining the financial statements, to evaluate CCRCs. How valuable is actuarial analysis in this process?
• For new CCRCs still operating in the red, how does Ziegler get comfortable with that CCRC’s financial health?
• The demographics in the U.S. suggest an ongoing need for more CCRC capacity. Is capital available to meet this need? How does the degree of CCRC legislation in a state encourage or inhibit the development of new CCRCs in that state?

Deb Murphy, CEO, Leading Age Washington, and I look forward to seeing you on November 8.

Thank you for your continued support of WACCRA.

Allan Affleck
Interim President, WACCRA
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