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A.V.
POWELL & ASSOCIATES will celebrate its 27th year in
2008.
The
2008 FORCAST Users Group Conference will be held on December
11 and 12, 2008, in Phoenix, AZ. We expect to obtain approval
for attendees to receive 8
CPE credits. Starting in November handouts for the conference
sessions will be available as downloads to paid registrants.
FORCAST
upgrade version 6.11.0196 is
available for lease clients. New features in this release are:
(i) automated screen menu for calculating refundable entry fees
and actuarially-equivalent health care guarantees; (ii) use of
actuarial appraisal of fixed assets to determine unified funded
status; (iii) final 2006 actuarial benchmarking statistics; (iv)
automatic entry and monthly fee updates for fiscal year changes;
and (v) two choices for FTP sites to upload any file on user's
PC for consultant review.
Knowledge
Base has been updated with actuarial benchmarking statistics
from actuarial reports for fiscal years ending in 2002 through
2006 and provides trending of our industry standards.
- FINAID upgrade release 5.01
is now available for financial validation of prospective residents'
ability to pay fees. The companion product, named
FINAID-in-FORCAST, for projecting benevolence aid to current
residents can be activated in the new FORCAST upgrade for authorized
clients. The format to collect resident financial information
is the same for both products and is provided in the document
Resident
Financial Data form and instructions. Contact AV
Powell about fees and securing your priority installation
status.
- A2ZCCRC
has 50 participating organizations which own or manage nearly
100 CCRCs.
- AV POWELL & ASSOCIATES'
actuarial database now exceeds 100,000 residents and 700,000 life
years of exposure
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