S&P: Senior Living Nonprofits Stable, But Proof Will Be in Occupancy

Despite mixed financial results, the not-for-profit senior living sector remains stable as it juggles expense pressures to boost occupancy, a Standard & Poor’s (S&P) report finds. Median ratios for the sector were mixed in 2013, with weaker operating and excess margins offset by balance sheet improvements, particularly liquidity. “Organizations’ cash balances are the strongest they’ve […]