Finance

Easing the cost-of-living burden

Max Schaffer is quick to tell you that he served in the U.S. Army Air Force during World War II for exactly 4 years, 8 months, and 11 days. His Read More »

Real estate taxes

AL communities should review to reduce liability   Property taxes can represent 15% to 20% of occupancy overhead costs. Like other major operating Read More »

Paying for senior living: The nontraditional way

In a demanding economic environment, many providers want the payment process to their communities as easy to make as possible. When adult children Read More »

Three strategies to get the loans you need

Assisted living and skilled nursing facilities are among the few bright spots for lenders when it comes to real estate. Driven by demographics, the Read More »

Lean funding

At a glance… HUD already has begun to tweak the process of loan disposition in order to enhance its efficiency and improve response time. The Read More »

Saving millions at the flip of a switch

At a glance… By creating an energy council, Brookdale Senior Living is saving huge amounts on monthly utility expenses while staying true to Read More »

Fee-for-service increases resident satisfaction, profit

At a glance… A tip for assisted living providers: Incremental profit works. It just takes a different approach to billing, and that's where Read More »

Skilled Nursing Investment Forum receives ‘overwhelming’ response

“News is news, but what do you do about it?” Turn to LTL for depth, analysis, perspective. It takes around 700 people to make Bob Kramer smile. Read More »

Don’t be afraid to ask for more

At a glance… Renegotiating vendor contracts presents no-nonsense, cost-cutting opportunities. It's no secret long-term care professionals have a Read More »

Monitoring expenses

Typically, 35% of a long-term care facility's operating costs are nonlabor; however, since the average facility size is 100 beds, it becomes cost Read More »

Maple Knoll’s big ideas reap big savings

Editor's Note:This month we begin a new monthly feature, “On the Money.” Every month we'll introduce you to colleagues who are saving their Read More »

Shielding assets for Medicaid: The note and loan strategy

The Deficit Reduction Act (DRA) of 2005, signed into law by President George W. Bush on February 8, 2006, is a federal law designed to severely Read More »

Financing strategies for troubled times

Every day brings more bad news in the credit markets affecting virtually every sector of the economy, including healthcare. Even the aging of the Read More »

Six strategies for survival

Recently Ziegler Capital Markets issued six strategies for senior living providers facing economic difficulties due to their faltering marketplace. Read More »

Darkness descends over Sunrise

Last year on November 7, Sunrise Senior Living, arguably the nation's premier brand name in assisted living services, reported a startling third Read More »

Putting the fun in fundraising

What do you mean, the oven is not hot?” I ask as Emma attempts to put the biscuits in the oven during the weekly cooking class. As I begin to check Read More »

Darkness descends over Sunrise

On November 7, Sunrise Senior Living, arguably the nation’s premier brand name in assisted living services, reported a startling third quarter Read More »

Strange bedfellows: The improbable romance of accounting and nursing, part II

Strange bedfellows: The improbable romance of accounting and nursing, part IStaffingFinding the ideal admission mix, however, is not the only Read More »

Strange bedfellows: The improbable romance of accounting and nursing, part I

It is odd to think that a profession born from the power of compassion and concern could join hands with an occupation filled with number crunching Read More »

Form follows financing

I know this is a radical thought, but it just seems to me that healthcare financing and reimbursement systems ought to focus on the needs of the Read More »

Modern Payroll Outsourcing: A Success Story

We have a very complex payroll,” says Bridget Gibson. As controller for Augustana Care Corporation in Minneapolis, she is responsible for 17 Read More »

Lenders and investors provide mid-year review of seniors housing and care

Dehydration is the most common fluid and electrolyte imbalance in the elderly, regardless if the person lives in the community or in a healthcare Read More »

Community responsibility

If the government investigated your nonprofit organization to determine if it deserved its tax-exempt status, how would you react? Wh Read More »

Sizing up the borrower

When you ask a long-term care lender or investor what they look for in a would-be borrower, the answer always seems so self-evident. Read More »

Lenders and investors provide mid-year review of seniors housing and care

Editor's Note: The following conversation occurred prior to the mortgage lending crisis and subsequent interest rate changes and should be read in Read More »

The benefi ts of the regionally focused operator

All seniors housing is local. That's Raymond W. Braun's belief when it comes to developing financing partnerships with operators. Braun is president Read More »

Succeeding in the world of the small developer

I used to be one of those seniors housing corporate jockeys who spent most of his life on an airplane until, in 1999, I decided to start Premiera Read More »

Customer loyalty means greater profi tability

We hear constantly about the importance of customer satisfaction to the success of today's businesses. New tools emerge regularly to measure Read More »

Electronic Medical Record Systems: Know the Total Cost of Ownership

So, you have decided to join many other organizations and begin the search for an electronic medical record (EMR) system. Now what? Before Read More »

What to Expect From a Group Purchasing Organization

The Balanced Budget Act of 1997 replaced the retrospective payment system with per resident, per day reimbursement, dramatically changing the Read More »