Insights from the 2024 Financial Ratios and Trends for Continuing Care Retirement Communities
October 17 @ 11:30 am – 12:30 pm EDT
The 2024 Financial Ratios & Trends Analysis of CARF-Accredited Continuing Care Retirement Communities (CCRC)/Life Plan Communities (LPC) provides valuable benchmarks including insights on key financial trends like provider expansion, operational hurdles, and changes in regulatory and accounting standards.
Join in CARF International, Baker Tilly, Ziegler, Landis Communities for an informative webinar reviewing financial benchmarks their implications for strategic planning and budget development. Our panel of industry professionals will discuss best practices in using this information with potential clients, residents, boards and payers. We’ll examine how CARF-accredited organizations have successfully navigated challenges, including concerns related to profitability and liquidity margins, in contrast to their achievements in occupancy rates and substantial capital investments.
The webinar’s content draws from the 2024 edition of the Financial Ratios and Trend Analysis of CARF-Accredited Continuing Care Retirement Communities.
Key learning objectives:
- Understand financial trends from 2023 fiscal year-end data of accredited CCRCs across the country
- Develop an understanding about how to utilize financial ratios for strategic decision making
- Recognize best practices for developing budgets and demonstrating financial stability based on specific benchmarks
Who should attend:
- CEOs, CFO, CIO, COO, presidents, vice presidents, management teams, board members and other professionals who are involved in financial and operational activities of CCRCs/LPCs
Moderator
- Julia Meashey, MA, Senior Business Development Specialist, Aging Services (CARF)
Presenters:
Corey Hamilton, VP of Finance/ CFO (Landis Communities)
Patrick Heavens, CPA, Partner (Baker Tilly)
Tom Meyers, Senior Managing Director (Ziegler)
