Creative finance for senior housing construction
The Senior Advisor
Learn more about the creative financing strategies to unlock growth opportunities and overall financing improvements. When senior living operators leverage financial stability during any type of transaction, they can fund development projects that lead to improved service offerings, modernized campuses and care outcomes. Today's conversation will explore creative financing options such as REIT partnerships, tax-exempt status and state and federal grants that can be helpful financing options with promise for return and achievement of positive financial results.
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Wood-frame construction insurance market part 2
The Senior Advisor
Join us for the second episode of the builders risk and wood frame construction episode. Our host and guest continue their discussions on the current builders risk insurance marketplace for senior living with a focus on wood frame construction. We’ll review the current state of the market and how we get got here. We’ll also provide insight on how to create a “best in class” insurance market submission and presenting that submission to prospective underwriters to achieve optimal results.
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Beyond traditional techniques: Functional movement training for safe resident handling
The Senior Advisor
This episode explores the transformative world of safe resident moving and positioning and defining the transformation. Our host Rhonda DeMeno will interview podcast guest Kristi Moore, an Occupational Therapist and Certified Industrial Ergonomist. With over 15 years of experience in diverse healthcare settings and 9 years in industrial environments, Kristi excels in analyzing functional movements, body mechanics and human behavior. Join us as we delve into Kristi's insights on functional movement training for safe patient handling excellence, redefining standards in resident care and...
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Wood-frame construction insurance market
The Senior Advisor
The current environment for senior living community construction presents considerable challenges. One of the biggest of those challenges is adequately insuring your new project and doing so at a competitive price. This episode dives into the current builders risk insurance marketplace for senior living with a focus on wood frame construction. We’ll review the current state of the market and how we get got here. We’ll also provide insight on how to create an optimal insurance market submission and presenting that submission to prospective underwriters to achieve optimal results. Finally,...
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Senior living and real estate - Connections and insurance risk
The Senior Advisor
The growing senior living population and increasing demands for senior living communities has made this sector an important aspect of the real estate industry. Real estate and senior living properties are interrelated through investment opportunities, property development, management, market analysis and regulations. While resident healthcare needs continue to be an ongoing challenge and expectation for senior living operators, owners and operators are also responsible for operating, and managing real property. The podcast discusses market-focused topics and details...
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During the storm: Severe weather and disaster management planning for senior living
The Senior Advisor
In the second episode of our three-part mini-series on severe weather and disaster management, host Rhonda DeMeno is joined once again by Wade Miller from OneRallyPoint, David Gluckman from WTW and Cal McCarty from ServiceMaster. This episode delves into the essentials of business continuity plans, disaster response strategies and emergency shutdown procedures. The experts also cover crucial topics such as fire protection, mitigation strategies, utility management and evacuation planning. Tune in for an in-depth discussion on proactive planning and its critical role in navigating severe...
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After the storm: Severe weather and disaster management planning for senior living
The Senior Advisor
Don’t miss the final episode of The Senior Advisor’s three-part mini-series on severe weather and disaster management. Host Rhonda DeMeno returns with Wade Miller from OneRallyPoint, David Gluckman from WTW, and welcomes Henry Daar, WTW’s National Leader for Property Claims. This episode provides expert insights into preparing for, quantifying, and resolving large and complex insurance claims including property damage, business interruption, extra expense, contingent interruption and third-party claims management. Tune in for valuable strategies and expert advice on handling major...
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Before the storm: Severe weather and disaster management planning for senior living
The Senior Advisor
In this episode, host Rhonda DeMeno discusses critical strategies for senior living operators to ensure the safety of employees and residents during severe weather events such as hurricanes, tornadoes, or storms. Joined by Wade Miller from OneRallyPoint, David Gluckman from WTW and Cal McCarthy from ServiceMaster, they emphasize the importance of conducting thorough risk assessments to identify community vulnerabilities. The conversation covers the essentials of effective communication plans, facility preparations, and ensuring readiness among staff, residents, and families, including detailed...
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Episode 9: Broking and specialization in the senior care industry
The Senior Advisor
Host Rhonda DeMeno welcomes guests Maryann McGivney, Healthcare Industry Vertical Leader for North America for WTW and Randy Stimmell, a Senior Vice President and Client Executive for WTW where they take a deep dive into WTW’s distinctive industry vertical specialization and comprehensive approach to broking and servicing solutions. They discuss how it accomplishes the building of a risk management program customized to a senior living operator’s needs. Our guests also highlight the benefits of managing risk across all insurance segments specific to senior living, provide details on...
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Episode 8: Fall management — Post-fall root cause analysis and disclosures
The Senior Advisor
It is essential to provide clear and concise information about a fall event. In the final episode of our five-part mini-series on fall management, Rhonda and guests Maria Wood, an attorney at Hall Booth Smith and Joan Porcaro, Client Relationship Manager at WTW walk the listener through a post-event root cause analysis and disclosure. This episode discusses the importance of timely disclosure and conducing the root cause analysis post-event to identify the cause of the resident fall. Our guests also dive into the importance of keeping open lines of communication with the resident and family...
info_outlineThe current environment for senior living community construction presents considerable challenges. One of the biggest of those challenges is adequately insuring your new project and doing so at a competitive price. This episode dives into the current builders risk insurance marketplace for senior living with a focus on wood frame construction. We’ll review the current state of the market and how we get got here. We’ll also provide insight on how to create an optimal insurance market submission and presenting that submission to prospective underwriters to achieve optimal results. Finally, we’ll discuss the critical communication needed during your project to ensure its success.