Marketing, financial goals play into CCRC refund plan.
An entry fee refund is the marketing tool for continuing care retirement communities (CCRCs) with the most easily assessed financial effects. The financial results of refund schedules can be measured in terms of a CCRC's ability to generate pools of cash and withdraw cash from these pools to fund operations. A CCRC's choice of refund schedule also will affect net present value of an investment in retirement housing.
Wynd
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Eastern Washington University, Cheney.
Stewart
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MI
Hunter
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HO
D005245:Fee Schedules / Q000706:statistics & numerical data*; D005376:Financial Management / Q000379:methods*; D006707:Homes for the Aged / Q000191:economics*; D007182:Income; D008389:Marketing of Health Services / Q000191:economics*; D008962:Models, Theoretical; D014481:United States