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Healthy Outcomes: Affiliations in the senior services sector
What senior living, not-for-profit leaders need to know
Nov 28, 2023 · Authored by Mark J. Ross
On this episode of Healthy Outcomes, our host Mark Ross interviews Beverly Asper, a director in Baker Tilly’s senior services consulting practice. Together, they discuss affiliation activity in the senior services sector.
Specific topics of discussion include
- Reasons why not-for-profit and senior living organizations seek affiliations
- Parent and subsidiary organization perspectives as they relate to affiliations
- The five stages of the not-for-profit lifecycle
- Best practices for organizations that plan to ‘go it alone’
- The initiation of discussions with potential affiliation candidates
- The importance of why educating those charged with governance is important
- Examples of joint ventures and partnerships not-for-profit organizations are pursuing
- The significance of culture in affiliation transactions
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