Friday, November 21, 2008

Lending to Long-Term Care Facilities

An updated look at lending to one of the fastest-growing U.S. industries

Course Overview
Lending to Long-Term Care Facilities gives participants the opportunity to understand one of the largest growth industries in the country. Topics such as size, composition, and emerging trends of the long-term care market are covered. In addition, the key categories of assisted-living communities, nursing homes and continuing-care retirement communities are described. In light of expected weaknesses and potential bankruptcies in the industry, this updated course provides information about protecting the position of the bank, including evaluating receivable as collateral. It also includes updated regulatory and legal issues, including Medicare and Medicaid.

Who will benefit from this course?
If you are a commercial banker, credit officer, or loan review officer with little or no experience in lending to the long-term care market, this course will give you the basic information you need to make an informed loan decision when considering a long-term care credit.

How this course will help you meet the challenges of your career and today's market
After completing this course, you will:

  • Understand the overall senior housing industry, including size, composition, and trends.
  • Identify the credit needs of assisted living communities, nursing homes, and continuing care retirement communities.
  • Understand the credit risks involved in order to structure loans appropriately.
Prerequisites
Participants are expected to have a thorough knowledge of financial accounting, traditional financial statement analysis, and cash flow analysis.

The Participant's Manual can be purchased online or by contacting RMA's Customer Care at 1-800-677-7621.

To purchase the Instructor's Guide (Product No. 611002), please contact Stacy Forcina at 1-215-446-4065.