Healthcare, Senior Living, Economics
Last week, in a message from LeadingAge President, Katie Smith Sloan, she wrote about the epidemic of loneliness. Her words reflected on how leaders are prone to loneliness and how the same concept or concepts were addressed by Arthur C. Brooks in his book, “Strength to Strength”. Surgeon General Vivek Murthy back in May, alerted … Read more
This is weird but the other day while I was working on my computer, a pop-up occurred telling me how many days were left until Christmas. I checked it out and it’s a real site, a Christmas countdown clock. Here it is (if you don’t believe me) https://www.xmasclock.com/ . Basically, we have 151 days (as … Read more
The June existing home sales report from the National Association of Realtors paints a depressing picture of the residential real estate market. The release is here: https://www.nar.realtor/newsroom/existing-home-sales-retreated-3-3-in-june-monthly-median-sales-price-reached-second-highest-amount Home sales down 3.3 percent Sales off 18.9% from a year ago Inventory available for sale didn’t change – 2.8 months (seasonally adjusted) Median prices rose again to … Read more
Every once in a while, something sends me down memory lane. The other evening while sitting on the porch with my wife, she mentioned, “remember when, during the late news, a public service announcement would say, it’s after 10:00 pm, parents, do you know where your children are?” We both laughed and bantered back and … Read more
Organizational expansion is truly a tale of two options (primarily): add capacity organically (build or start from scratch) or acquire an existing business. Both have pluses and minuses, but when it comes to scale on a more rapid basis and movement into a new market area, acquisition tends to make more sense versus an organic … Read more
This past Monday, I played golf in a charity event, the proceeds of which, went to Children’s Hospital of Wisconsin. The event, however, wasn’t sponsored or produced by Children’s Hospital. The event, now twenty-three years (next year, twenty-four), is the creation of a good friend of mine and ongoing business colleague, Jim Lombardo. Jim is … Read more
Golf outing today for Children’s Hospital of WI so a bit of recycling…I wrote this a number of years ago (April 2016) and it was very popular and resonates well today. Enjoy! The original post is here: https://wp.me/ptUlY-kf The bulk of my work centers around gathering data, analyzing trends and working with the leadership of … Read more
One of the largest complaints about senior care and housing is cost. It is or can be, darn expensive. The best, most amenitized Life Plan projects can run hundreds of thousands of dollars to enter and tens of thousands more in monthly fees. Rates inflate typically, more than CPI each year. Lately, rate inflation has … Read more
There is an old saying that goes like this: “How do you eat an elephant? One bite at a time.” That is a succinct definition for relentless incrementalism. Doing the hard stuff in life is rarely a quick accomplishment. I’ve never run a marathon, but I know people who have, and I know they don’t … Read more
In the midst of a BBQ, fireworks show, or picnic today, take a moment to remember that freedom is not free. Freedom is earned and liberty protected and secured by those who believe deeply and are willing to sacrifice personally. God Bless America and Happy 247th! May there be many more…