FOR IMMEDIATE RELEASE
Stephen M. Monroe, Editor
800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com
Norwalk, CT – February 23, 2012 – Senior Living Business Interactive will be looking at the competitive atmosphere for the two major senior living business models during an online conference on Thursday, March 8th. Times are changing and an in depth comparison between not-for-profit and for-profit business models is now crucial. Though they are traditionally thought of as having more similarities than differences, the narrowed cost gap of debt financing has nearly wiped out the advantage that tax-exempt organizations have always enjoyed. At this online conference, senior living professionals will learn vital information about the current landscape of each model. A panel of senior living industry insiders will examine what is happening in the senior living market right now and guide senior housing and care professionals in a successful direction.
The moderator of the conference, Jim Moore, President of Moore Diversified Services, will pose topical questions including: What’s the current competitive picture with regard to financing, the ability to take on debt, and the general operational motivation of the two models? How do long-term expectations differ, for example exit strategy or future sale vs. mission? Generally speaking, for-profits are better able to capitalize on efficiencies with respect to cash flow and maximizing financial returns. Can overleveraging by not-for-profits permanently hamper their success? What’s the current environment regarding property tax exemptions?
Our hand-selected panel of seniors living experts will address these strategies and answer any pressing questions the audience chooses to submit, they include: Wyatt R. Ritchie, Managing Director, Cain Brothers, Adam Kane, SVP Corporate Affairs, Erickson Living, and Steve Ordahl, SVP of Business & Fund Development, Ecumen. Plus additional speakers to be announced!
The editor of Senior Living Business Interactive, Jane E. Zarem, invites you to take part in this must-see online conference. All participants will be able to ask the expert panel any questions they may have about the not-for profit and for-profit senior living business models. Details about the current seniors housing environment may surprise many professionals in the industry. The expert panelists have vowed to cover all lingering issues in addition to reviewing basic differences. For example, do lower operating costs of the for-profits put the residents at risk?
This online conference, hosted by Senior Living Business Interactive, is expected to generate a stimulating discussion. If you’re interested in business models, strategies, or investing in the senior living industry, you won’t want to miss this crucial online conference entitled, ‘The Big Picture: Not-For-Profit Vs. For-Profit Senior Living’ on Thursday, March 8th at 1:00 pm ET.
Senior Living Business Interactive is published by Irving Levin Associates, Inc., founded in 1948 and the leading publisher of newsletters, reports and online data on mergers and acquisitions data in the seniors housing and health care industry.
Please visit https://www.levinassociates.com/1203-online-conference or call 1-800-248-1668 for more information about this interactive conference.
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