Lending to the Long Term-Care Industry

Past Event

Lending to the Long-Term Care Industry

Understand one of the largest growth industries in the country.

Course Overview:
Lending to the Long-Term Care Industry introduces participants to the various types of long-term care facilities and services available to the elderly. The program teaches methods for analyzing and lending to independent living facilities, assisted living facilities, skilled nursing facilities, continuing care retirement communities, and home health agencies and hospices.

Who will benefit?
Credit officers, credit analysts, loan review officers, and workout officers who want to gain knowledge about lending to the long-term care industry will profit from this course.

You will:

• Identify the size and composition of the long-term care industry, including demographic and other trends affecting individual industry segments.
• Compare and contrast different industry revenue sources, with a particular emphasis on the Medicare and Medicaid programs.
• Learn to target effectively potential long-term industry markets and clients.
• Underwrite the creditworthiness of independent living, assisted living, and skilled nursing facilities; continuing care retirement communities; home health agencies; and hospices.
• Learn to structure appropriately extensions of credit to these businesses in order to maintain ongoing credit quality.

Prerequisites:
Participants are expected to have a thorough knowledge of financial accounting, traditional financial statement analysis, and cash flow analysis.