Company Blog

Coronavirus: Why You Must Act Now

  Coronavirus: Why You Must Act Now With everything that’s happening about the Coronavirus, it might be very hard to make a decision of what to do today. Should you wait for more information? Do something today? What?   View at Medium.com

Has your amortization software reached its’ end of life?

Has your amortization software reached its’ end of life? Please contact Continuing Care Actuaries to schedule a demonstration of our LifeCalc Pro Amortization Software. LifeCalc Pro is compliant with ASC 606, the new Revenue Recognition Standard. Some of LifeCalc Pro’s capabilities are amortization of entrance fees and commissions, population projections, and sensitivity analysis. Please go …

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The life and times of high refund contracts

The life and times of high refund contracts • History of highly refundable agreements • How these agreement types directly challenge the long-term viability of an organization • What happens when the wheels come off? • Do solutions exist? Contact me at rnavarro@continuingcareactuaries.com

Building Blocks of an Actuarial Study

Building Blocks of an Actuarial Study • Resident Detail -Current and Historical • Unit Detail-Entrance Fees, Monthly Fees, Square Footage • Contract Options • Inflation Assumptions • Levels of Care Detail • Occupancy • Budgeted Expenses • Debt Schedule • Capital Expenditures Please contact me at rnavarro@continuingcareactuaries.com for more information.

Parts of an Actuarial Study

  Parts of an Actuarial Study • Demographic Analysis and Population Projection o Historical data and future expectations • Actuarial Cash Flow Projection o Incorporates population projection, fee schedule, and expenses for the open group population over a 20-year period • Actuarial Balance Sheet o Closed group analysis of current residents o Actuarial ratio and …

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