Affordable Assisted Living Interactive Feasibility Tool
NEW version in 2007! Download the Affordable Assisted Living and Community Based Care: An Interactive Feasibility Tool, developed for The Coming Home Program, in partnership with the Robert Wood Johnson Foundation, below. (This Tool replaces the former Assisted Living Operating Proforma and Financial Feasibility Analysis Model.)
NOTE: The Tool is intended to give you a generic framework for analysis. It should only be used after reading the User Guide. Please keep in mind that the model does not reflect any individual state's regulatory or Medicaid requirements and must, therefore, be customized by the user. In order to retain the validity of the formulas applied to protected cells, we do not supply users with the password. We do not guarantee the model's accuracy or applicability to your circumstances.
This financial feasibility model has been developed for use in determining the financial viability of proposed assisted living facilities. The model allows for the analysis of multi-use projects in order to facilitate the development of projects that will best meet the needs of communities and achieve the economies of scale needed to make projects financially viable. The following uses, in addition to assisted living, are included in the model:
- Independent senior housing (with or without the availability of services)
- Congregate care
- Skilled nursing beds
- Adult day care
- Leased commercial space
- Other non-specified uses, such as a senior nutrition site or home care agency
The feasibility model may be used to make either a “first cut” regarding the preliminary feasibility of a project or to conduct a full financial feasibility analysis.
This tool offers a user-friendly step-by-step feasibility analysis guide and is integrated to automatically populate development and operation worksheets. Its linked worksheets offer an integrated framework for analyzing a myriad of co-located services.
To download the Affordable Assisted Living and Community Based Care: An Interactive Feasibility Tool and instructions, please click on the links at the top of this page. To request a copy in CD-ROM format, please complete our online form or contact Elizabeth Day at (510) 496-2227.