Westbridge Group Valuation Partner

News


Presentation to BC Care Providers, March 2022

Westbridge 2022 BC Care Providers Presentation

 

Sales Activity in British Columbia (Total Dollar Volume of Sales in BC by Year)

Sales Chart 2021

 

Did you know?

  • That most recently constructed congregate and assisted living retirement residences have about 300 square feet of common area per suite.
  • That BC has 5 different Health Authorities and that each uses different standards, variations of contracts, performance measures and funding formulas.
  • That it is not unusual to find that the average age of residents in a campus of care is higher in the congregate/assisted living component than it is in the licensed care component.
  • That the number of second occupants in congregate and assisted living retirement residences is declining.
  • That missing one RN FTE in a staffing calculation can result in a $1 million over-statement of value.