Senior Living Consulting Services
Senior Living consulting for Nursing Homes, Assisted Living, Alzheimer and Independent Living facilities to improve census, profits and operations is a specialization of Langworthy Company and our associates. Since the mid 1980s we have either managed or developed over 50 senior living residential facilities. We provide 'how to advice' to investors, developers or senior living residential owner - operators. These services include market feasibility studies to determine the economic viability of a possible senior living investment. Analysis includes estimates for room rental rates, tenenat fill-up timetables, market income potential, financial forecasts with 10 year cash flow estimates. A financing package for lenders can be included with subsequent assistance to successfully design, build, license, staff, market and operate a senior facility or campus. We also provide business improvement advice and turnaround management consulting ( crisis management ) of struggling senior facilities. We manage, develop, advise or acquire the following senior facilities:

MARKET FEASIBILITY STUDY WITH FINANCIAL FORECASTS

	Determine senior demographic and economic viability
	Assess competition and market potential
	Forecast future demand by year for types of senior living room rental needs (assisted, Alzheimer)
	Recommend facility with rooms sizes, types and amenities
	Forecast startup and operational costs for 10 years
	Develop 10 year profit and loss estimates with forecasts for EBITDARM and cash flow

 MANAGEMENT CONSULTING

	Evaluating a potential acquisition with strategy recommendation
	Project concept (pros & cons), economic feasibility, "how to" advise,
	Market feasibility study with potential project viability forecast.
	Project startup cost estimates with 5 or 10 year profit & loss forecasts
	Review, evaluation of your plans & concepts with recommendations
	Sales & Marketing solutions, strategy to improve census, profits
	Troubleshooting, solutions for existing senior facilities (Financial, sales & marketing, operational, HR, management)

 STARTUP CONSULTING (turn key services)

	Market Feasibility Studies for Financing / Project Viability /Market potential
	Financial Projections & Forecasts (Construction, startup thru year 5 or 10)
	Fund Raising Assistance & Loan Package Construction (Conventional & HUD)
	Coordination of Architectural Services - build coordination/management
	Marketing and Corporate Communication Systems to attract residents
	Licensing Preparation and Formal State Licensing prior to grand opening
	Facility startup Management: Staffing, Training, Systems Integration, Manuals
	Expert Financial, Operational, Sales Marketing - know how
	"How To" Advisory Services to Investors, Developers, Private Operators

OPERATIONAL & FINANCIAL MANAGEMENT SERVICES

	Contract Management of a senior living facility
	Turnarounds of struggling senior residential healthcare facilities
	Operational Management & Business Improvement Strategies
	Financial Management, Reporting, Accounting, Cost Reduction
	Medicaid/Medicare Reimbursement Improvement (MDS Score)
	Marketing & Sales Systems to Improve Census, Profitability
	Business Strategy Advice, Improved Strategic Decision-Making

    MERGERS & ACQUISITIONS

	Buying or Selling a Senior Residential Facility (Contingency basis)
	Acquisition due diligence to assess viability, constraints, improvement needs

Brochure of Senior Living Services (PFD)

For more information
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Telephone

330-477-5271

FAX

330-477-9944

Postal address

Langworthy Company Consultants
3496 Cornwall Drive NW, Canton, Ohio 44708-1154

Electronic mail

General Information: information@langworthycompany.com
Consulting Services: jlangworthy@langworthycompany.com