Why COVID-19 makes CapEx planning vital for senior living providers
How is the COVID-19 pandemic challenging senior living providers who don’t have a formal capital expenditure (CapEx) plan? How should they budget for CapEx? When is it time to reposition the community’s physical assets instead of maintaining them?
In this Voices interview, Senior Housing News sits down with Plante Moran Living Forward Partner Dana Wollschlager to discuss CapEx planning, commonly under-budgeted areas of a CapEx plan, how providers can get the most out of their existing assets, and why the COVID-19 pandemic makes CapEx planning more vital than ever before.
Read the full interview at Senior Housing News.