Services
Management Consultant Reports for Bond Covenant Violations
The primary clients of CDS are not-for-profit, faith-based communities and provider organizations. Due to the current economic environment, many of our clients are required to engage a consultant for a bond covenant violation report. CDS’ approach is to provide our clients with results that will fulfill the reporting requirements AND improve financial and operational performance.
The CDS consultants have operational and financial expertise developed by working in similar situations across the country. CDS is experienced with Senior Living and long-term care credit structures and reporting requirements, and works closely with senior management and their credit partners. CDS’ operational expertise allows our firm to offer implementation assistance to your organization after the reporting requirements are satisfied.
CDS’ approach includes a comprehensive operational assessment, preparation and submission of the required management consultant report to the Bond Trustee(s) and participation in bondholder calls to present findings and answer questions.
“I have engaged the services of CDS on more than one occasion through the years. Most recently, they conducted an operational assessment, focusing on strategic repositioning and cost management techniques. Dan, Vicki and Dr. Lake were able to connect with associates at all levels which generated valuable input and dialogue. Our staff felt that the team was serving our interests and the recommendations made were gleaned through years of experience and knowledge. In their final analysis, the team struck a balance between assuring a high degree of quality of care and practical cost management techniques were blended into the final outcome. Their strategic recommendations were on target and are currently in the implementation phases. Finally and equally important, they were responsive and helpful to requests for information in the post-assessment stages. I would not hesitate to recommend Dan and his team for similar engagements.”
Ken Cormier, Executive Director
East Ridge at Cutler Bay, Cutler Bay, FL
Our Services
CDS professionals can provide assistance with:
Operational Assessments
PACE Development
Benchmarking
Resident Centered Staffing™
Management Consultant Reports for Bond Covenant Violations
Continuum Development Services
1501 Greer Lane
Signal Mountain, TN 37377
Phone
423-240-8378