How a ‘zoom-out’ strategy can help senior living operators thrive in the post-pandemic world
By
Patrick McCormick, CPA
Feb 22, 2021
As they juggle short-term challenges with adapting to the long-term implications of the pandemic, operators can benefit from the so-called “zoom-in, zoom-out approach” that has been used by many successful...
Weigh these 5 considerations before joining the senior living and care consolidation wave
By
Patrick McCormick, CPA
Jun 28, 2021
After grappling with the COVID-19 crisis for the past year, senior living and care facilities are waking up to some stark financial realities that are starting to push a new wave of consolidation in the...
Senior living investors should avoid these temptations and pitfalls
By
Patrick McCormick, CPA
Feb 18, 2020
The pitfalls of investing in senior living communities don’t show up on a spreadsheet. Risks are being overlooked every day as the booming sector draws in new players who have scant experience in...
For assisted living communities, change is coming, but there still is time to adapt
By
Patrick McCormick, CPA
Aug 06, 2018
Assisted living operators that hope to compete for customers down the road need to change their business models and, in particular, ramp up offerings for more healthcare services.