Assessing a communities financial health

Assessing a communities financial health

Imagine you moved into a senior living community, and then after 10 years it went bankrupt. You need to understand the financial of any community before moving into to ensure your lifestyle continues. There are seven key items to consider:
1. Occupancy
2. Rate increases
3. Debt Rating
4. Profitability
5. Capital Improvements
6. Reserves
7. Residents Role

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