News

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors
8/7/2015

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors

In 2011, the Baby Boomer wave began to crash upon the shores of retirement. By 2030, 72.8 million Americans will be over the age of 65, an increase from 43.1 million in 2012. While developments in health care have added quality as well as quantity to the average lifespan, aging often still brings the need for assistance with Activities of Daily Living (ADLs). Many individuals retain the majority of their physical and mental abilities and yet still require some assistance with one to three ADLs. A segment of these individuals without the physical capacity to care entirely for themselves are low- to moderate-income seniors unable to afford traditional assisted living (AL) services. These individuals present an opportunity for operators and states to think creatively about how best to care for their financial, physical and mental needs. 

How The Municipal Advisor Rule Affects Hospital Bond Financing
8/6/2015

How The Municipal Advisor Rule Affects Hospital Bond Financing

Hospital bond financing is a complex undertaking that can present a number of unique challenges. That is why finding an investment bank with experience as a financial advisor and underwriter is important. An investment bank with these credentials should have a clear understanding of the borrower, underwriter, and investor perspectives, and as a result, know how to negotiate with each party.

Acuity Creep: When Care Isn’t Clear
8/5/2015

Acuity Creep: When Care Isn’t Clear

Most individuals familiar with the senior living and long-term care industries have a solid understanding of the differences between acuity levels. Typically legally defined on a state-by-state basis, the terms independent living (IL), assisted living (AL), memory care (MC), and skilled nursing care are fairly straightforward on paper. What happens, though, when care isn’t as clear? What happens when an AL provider identifies a resident whose needs exceed their current level of care?

Disparate Impact Ruling Creates Opportunities
8/4/2015

Disparate Impact Ruling Creates Opportunities

Although the original intent of the Fair Housing Act (Act) was to provide equal housing opportunities for protected citizens, the nation's neighborhoods are increasingly segregated into two groups, further perpetuating the prophecy of the 1967 Kerner Commission Report of "two societies, one black, one white—separate and unequal."

Fixed Income in a Rising Interest Rate Environment: Adjusting Expectations
8/3/2015

Fixed Income in a Rising Interest Rate Environment: Adjusting Expectations

In December of 2008, the Federal Reserve (Fed) lowered the target fed funds rate to the historically low range of 0%-0.25%. This action was taken in an attempt to stimulate an economy in the pits of a recession and a financial system on the verge of collapse. Additional stimulus measures, frequently referred to as “quantitative easing,” were implemented over the following six years, with the goal of lowering long-term interest rates and increasing corporate and consumer borrowing.