In today's society, it is more important than ever for businesses to keep accurate financial records. The same holds true for nonprofit organizations and religious institutions, both of which have fallen under immense scrutiny from donors and regulatory bodies since the enactment of the Sarbanes-Oxley legislation in 2002. This scrutiny has been heighten even more for organizations of a charitable, philanthropic, or faith-based nature since the economic downtown that began in 2009. This brief handbook was written as a guide for both nonprofit organizations and religious institutions to use as a resource in order to accomplish their respective goals.

Here is the first detailed study of the economic, social, and administrative implications for the establishment of continuing care retirement communities (CCRCs). Leaders in the field of optional living arrangements for the elderly examine models of continuing care retirement communities throughout the United States. A wide range of sometimes conflicting views are vigorously discussed--by proponents of continuing care communities as well as by representatives from states that do not allow the existence of such institutions. Other intensely debated topics include existing and recommended financial and legal regulations of the industry; legal, financial, and ethical implications of continuing care communities; and a sociohistorical overview of the concept of continuing care.

Long term care and senior housing are two of the fastest growing industries in the United States. In addition to the demographic impact of the growing number of elderly people needing care today, baby boomers are increasingly conscious of housing and care issues as they confront the aging of their parents and consider their own future needs. As a result, the work of industry management is increasingly complex and demanding. Here is the only book that specifically addresses the professional financial management issues of long term care providers. Guide to Long Term Care Financial Management provides training and technical information for professional financial managers working in senior housing and health care. This indispensable resource covers the many aspects of this huge and fragmented but increasingly crucial field. It provides extensive information on issues such as licensing requirements and Medicaid coverage and eligibility issues, plus: Addresses the many regulations, reimbursement, and operational issues related to the long-term care industry on a state-by-state basis Includes detailed technical information for experienced financial professionals as well as training materials Contains tables, checklists, statistical data, forms, and illustrations Produces annual supplements that cover new trends and changes in the marketplace Internal accountants and managers, external auditors and accounting consultants , financial managers at hospitals and health systems, finance professionals at insurance companies and managed care organizations, financial analysts at investment brokerage firms, and all the many others involved in long term health care and senior housing management will find Guide to Long Term Care Financial Management an invaluable tool.