All CFOs are taught that past performance is not an indication of future performance. Performance data is only part of how investment consultants evaluate money managers — and they use it with caution.
Smart Money: Seeing through rates
By
William C. Fisher
Feb 01, 2012
Rates of return are often used as a benchmark for investment performance. As Joan Dixon, CFO of Morningside Ministries in San Antonio, TX, says, “performance reporting can at times be very confusing....
Smart Money: Diversify with caution
By
William C. Fisher
Jun 05, 2012
Harvard’s endowment has been famous for investing to generate enormous gains. From 1990 to 2005, the investment returns averaged 15% per year, growing the assets from almost $5 billion to almost...
Smart Money: Senior living CFOs take a fresh look at the “new norms” of investing
Jan 01, 2010
Senior living CFOs understand that the “investing as usual” mentality simply is not acceptable to boards and CEOs, and is giving way to the “new norm.”
Analytically Speaking: Analytics and PL loss
By
McKnight's Staff
Apr 02, 2012
New York Times reporter Paula Span penned an article last April based upon a research initiative headed by David G. Stevenson, Ph.D., a health policy analyst for the Harvard Medical School, based on legal...
Affordable analytics
By
Steven Littlehale
Jun 06, 2016
Current use, and perhaps misuse, of Five-Star Nursing Home Ratings place significant emphasis on achieving a three-star overall rating, which requires stable performance in survey, staffing and quality....
Smart money: Chief financial officers should prepare for multiple scenarios
Jun 01, 2010
What is next in the investment arena? It’s what is always next: Uncertainty!
Subjective analytics?
By
Steven Littlehale
Dec 04, 2015
You encounter predictive analytics daily — when you apply for life insurance, receive unique credit card offers, or view pop-up web ads. But do they actually change your behavior?
Brinton Manor joins club
By
Jill Gilbert
Jul 01, 2008
Brinton Manor of Glen Mills, PA, knows how to maintain close ties to the community. This forward-thinking facility has teamed with global service organization Kiwanis International, which focuses on humanitarian...
Long-stay measures
By
Steven Littlehale
Sep 05, 2016
Change is in the wind. The National Quality Forum has recommended for endorsement a new metric that measures a skilled nursing facility’s ability to manage the long-stay population, specifically...