You are the newly appointed CEO for the Continuing Care Retirement Community, which is under the large Hospital System. A board retreat is coming up, and you must help the board with a critical decision: relocate the facility to a more suburban area, or stay in its current, metropolitan area location. By gaining a solid understanding of the key target ratios that the Board is responsible for, you may find that a more financially feasible alternative should be considered.
Highlight in detail the pros and cons to staying in the current, metropolitan area.
Highlight in detail the pros and cons to moving to a suburban area.
Prepare and use visual aids to demonstrate the points above.
After you present all your information, provide a solid recommendation with supporting information on your decision.