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Capital and Financing

Capital is one of the  most critical issues facing CCRCs. Check here often for information on availability of capital and news on recent financings in the field of aging services.

We've featured some articles below, but be sure to check out all of our CCRC capital and financing content.

 

Featured Content

Does Your Activity Director Deserve a Raise?

Activity directors in continuing care retirement communities (CCRC) received an average salary increase of 2.43% in 2015, according to the 2015-2016 Continuing Care Retirement Community Salary and Benefits Report. Hospital and Healthcare Compensation Service published the study in cooperation with LeadingAge.

ABHOW and be.group: A New Kind of Merger for Aging Services

ABHOW, a LeadingAge member in Pleasanton, CA, announced in early July that it is merging with be.group, a LeadingAge member in Glendale. The merger, which should be finalized in early 2016, illustrates a growing -- and positive -- trend in the field of aging services, according to Steve Maag, director of residential services at LeadingAge.

Most Common Mistakes in Financial Budgeting/Forecasting – Part I

In this first article of a three-part series, BKD addresses common mistakes related to complacency in the budgeting process. When preparing your organization’s finances, you should pay special attention to one-time items, incremental and historical budgeting, and the hockey stick effect.

CLA Talks Video: Defining and Understanding Unrelated Business Income

IRS actions against nonprofit organizations are on the rise, and one of the areas getting plenty of attention is unrelated business income (UBI). In this eight-minute video Rob Nowak, a principal with CliftonLarsonAllen, discusses UBI gray areas and how organizations can ensure compliance with regulations.

Health Care Organizations Can Improve Processes and Reduce Risk by Outsourcing Accounting Functions

Outsourcing your organization’s accounting functions can ensure tax compliance, provide key industry insight, and facilitate growth. According to CliftonLarsonAllen, outsourcing may lead to cost savings, revenue gains, access to specialized skills, mitigation of risk, and capacity management.