Category: Foresight Financials
Foresight Financials
PopularWill Investors Destroy Senior Living?
The singular best way to achieve high profits is to focus on excellence, and over the long run there is no doubt this is true.
Crisis Comes to Resteasy Village
The financials began to show improving profit margins. While that might seem positive for some, the community reaction was not.
Read MoreOur Fantasy Enters a New Phase
Enthusiasm for the new unified town plaza concept grew among the residents as they discussed it and looked at the architectural renderings.
Read MoreCreative Thinking for Better Aging
Latisha Simpson’s expertise and creativity proved decisive in helping the board and the residents think through the pluses and minuses of the options.
Read MoreFantasy Dreaming for a Better Future
The residents wanted financial security but weren’t sure how to achieve it. That was where her expertise came in.
Read MoreThe Fantasy Continues
This is Part 3 in the fiction of how one CCRC might have evolved with a different cultural focus. The series is written from a resident’s perspective.
Read MoreThe Ongoing Saga of Sam Veltheim, Resident Director
As Executive Director, Sam knew that he would have to spend considerable time and was willing to rise to the challenge of serving resident-members.
Read MoreResident Director: A Tale of Fantasy
Once upon a time, in a CCRC far away, there dwelt a community of docile residents. But the executive director had decided to retire …
Read MoreGratuities Benefit for Employees?
On Friday, the IRS issued guidance on occupations qualifying for deductible treatment of gratuity payments. This might impact senior living.
Read MoreTax Matters for Senior Living
Recently, the IRS issued its assessment of how recent tax legislation impacts seniors and, consequently, senior living…
Read MoreCould an Economic Stumble Hobble Senior Living?
It’s easier to adjust pricing and purchasing for a short-term business than it is for a long-term one. Senior living is long-term.
Read MorePlaying With the Dollar
This is a call for the industry to take seriously the looming economic uncertainty and to minimize the risks to senior living enterprises.
Read MoreBrookdale Closest to Me
The value that Brookdale might have brought to the residents and the community. Brookdale once had so much potential.
Read MoreForesight Financials: Trust, Part 2 — the Solution
In this part, we suggest what financial advisers, developers, and financial officers might do to make the industry more trustworthy.
Read MoreForesight Financials: Trust, Part 1 — the Challenge
“We either initiate our own creative destruction and emerge stronger than before, or we play it safe and go out of business.” That deserves some thought.
Read MoreForesight Financials: It’s Personal — 6 Principles for Health Care Reform
Perhaps, if we could agree on principles, we could find a uniquely American path toward an effective, just system as a paradigm for the world.
Read MoreForesight Financials: How Does Senior Housing Justify Tax Exemption?
Recently, we learned of a Chinese artificial intelligence company, DeepSeek (Chinese: 深度求索;...
Read MoreForesight Financials: Simple Economics
The senior living industry can make a start by beginning to look at mission fulfillment in the most responsible and most effective way possible.
Read MoreWill Investors Destroy Senior Living?
The singular best way to achieve high profits is to focus on excellence, and over the long run there is no doubt this is true.
Read MoreForesight Financials: Nonprofit-to-For-Profit Conversion
More and more communities are transitioning from not-for-profit ownership to for-profit. For some providers and their residents that may seem like a bad thing.
Read MoreForesight Financials: Ownership
I’ve tried to help the senior living industry find the path toward success. My hope has been that the industry might see what is so obvious to me.
Read MoreForesight Financials: Business Stagnation
Early in my career, a wise business friend counseled me, “Money flows toward those who are generous and away from those who are miserly.”
Read MoreServant and Commander
It’s time for radical change to preserve resident dignity and to make senior living more attractive than the alternative of staying put.
Read MoreThis Is a Lie: “Occupancy Covers All Sins”
It should be “occupancy covers all wastefulness.”
Read MoreForesight Financials: Good Intentions Are Not Enough
Aldersgate United Methodist Retirement Community originated in 1945 as a retirement home for...
Read MoreForesight Financials: In Defense of Actuaries
Actuaries can help an enterprise to match risks and finances over a time period — say, the lifetime of the residents.
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