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Chris Wettig

The Art and Science of Managing Cash Flow: COVID-19 Impact and Mitigation Strategies

May 14, 2020 By

Predictions of the costs associated with COVID-19 have been staggering: third-party analysis projects an adverse economic impact to the senior living industry of between $40 billion and $57 billion over the next 12 months. How will senior living be able to weather these sustained headwinds? What are senior living organizations doing to account for pandemic-related losses, project future occupancy rates, and plan for future investment in the wake of such immense business disruption? This session will feature three leaders who are willing to share their mitigation strategies, along with an industry-wide overview of the short- and long-term financial impact on the senior living industry.

Panelists:
Colleen Blumenthal, COO/Partner, HealthTrust
Diana Bridgewater, EVP, CFAO, Life Care Services (LCS)
Chris Hyatt, President, New Perspective

Moderator:
Chris Wettig, Chief Financial Officer, Legend Senior Living

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