A.V. Powell & Associates is a firm of actuaries, accountants, and health care consultants who have specialized in research and consulting in the continuing care retirement community (CCRC) and continuing care without walls (CCaH) industries. Founded by AV Powell, our firm has created numerous innovations for the financing modeling of CCRCs and CCaHs by combining actuarial mathematics with state-of-the-art computer modeling techniques. Our models, reports, and ASOP No. 3 opinions certified by the coveted AV Powell seal of approval, have been used to assist the Boards and managers of CCRCs and CCaHs with making prudent financial decisions. We offer both consulting services and computer software products to provide clients with reliable and timely information and projection tools.
EVALUATINGAs residents’ life expectancies increase, evaluating whether or not they will be able to pay projected fees.
ESTIMATINGEstimating needs for health care facilities in light of increasing demand for home care services.
EXPLAININGExplaining to Board and residents if cash and reserves are sufficient to cover the promised obligations.
TESTINGStress testing your financial projections for variances in occupancy, capital needs, and fee adjustments to develop prudent pricing strategies.
CREATINGCreating continuing care at home options that minimize risk and expand the CCRC’s service area.
SAVINGSaving staff time and costs with state-of-the-art entry fee amortization software installation.
PRICINGPricing multiple contract options so that all are actuarially equivalent.
- ASC 606 webinar on
May 17, 2017 – Postponed
- FAST entry fee amortization software is rebranded as FIRST income recognition software and will include ASC 606 compatibility
- The actuarial authority for the senior living industry
- FINAID version 6 Financial Aid screening software now available
- 2016 Longitudinal Study Update of CCRC Experience
- Actuarial statistics updated through fiscal year 2015