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  • Welcome lenders

    Accreditation can help you identify an organization in the senior housing and services sector that is more accountable for its business and financial practices.

    Accredited organizations are better prepared because they have applied standards that address:

    • Quality of care and services.
    • The roles and responsibilities of an organization’s leadership.
    • Strategic planning.
    • Financial planning and management, including long-range planning.
    • Outcomes measurement.
    • Effective management practices.
    • Formalized risk management programs.

    The standards also encourage regular review of financial performance, profitability, cash management, and investments. Accredited Continuing Care Retirement Communities (CCRCs) annually submit financial audit reports for review of margin/profitability ratios, liquidity ratios, and capital structure ratios.

    To further support the long-term viability of accredited aging services organizations, the Financial Advisory Panel (FAP) provides strategic input into the financial standards.

    To learn more, we encourage you to review the following resources:

  • How CARF accreditation exposes organizations to the systems necessary to thrive

    Helping create best practices using proven systems and approaches is where CARF accreditation adds tremendous value. The process exposes organizations to intellectual capital and perspectives to which they would not otherwise have access. Read this BB&T white paper to see how accreditation helps strengthen programs from a business perspective.

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