2018 Financial Stability and Stewardship at Otterbein SeniorLife

Posted by Otterbein SeniorLife on Aug 28, 2019, 3:39:59 PM

For more than 100 years, Otterbein SeniorLife has served its residents and their families. Today, we continue to enjoy financial stability and the ability to provide our residents with exceptional care.

See our balance sheet and operating income from 2018 and learn more about the good financial stewardship we practice here at Otterbein.

Otterbein 2018 Annual Report Highlights

With 2018 in the books, Otterbein’s revenue has increased each year for 10 consecutive years. For us, this means we’re able to continue providing the highest level of care and service and be a stable member of our larger communities. 

otterbein-seniorlife-statement-of-operation

otterbein-seniorlife-balance-sheets

Related: Your ultimate guide to life at Otterbein >>

How is Otterbein Accredited?

Otterbein SeniorLife is a registered 501(c)(3) organization. We’re proud to have received numerous recognitions and awards for our quality of care, so you know you can trust us for yourself or your loved one. Our accreditations include:

  • The EAGLE Re-Accreditation, with special commendation, from the United Methodist Association.
  • A rating of 22 in the Ziegler top 200, a ranking of all not-for-profit, multi-site senior care organizations in the country.
  • A 2018 rating or either 4 or 5 stars for all Otterbein locations with regard to CMS Quality Measures.

10 of our locations have also been named LeadingAge Ohio employers of choice

Otterbein SeniorLife: A-Rated By Standard & Poor’s

Otterbein’s growth, combined with our carefully-controlled operating expenses, led to a 2018 “A” rating and stable outlook by Standard & Poor’s for the sixth consecutive year.

J. Chris Green, CFO of Otterbein, said, “The rating is very important to Otterbein as it shows that we are good financial stewards and are staying true to our mission of successfully enhancing the lives of older persons.”

Learn more about Otterbein’s “A” rating >>

Learn More About Otterbein SeniorLife

If you’re interested in seeing Otterbein SeniorLife and how we carry out our mission, there’s no better way than by scheduling a visit. You’ll get a first-hand look at our community, learn about our services, get the facts about our continuum of care, and more.

Schedule your visit to your nearest Otterbein SeniorLife location today and catch the spirit of Otterbein! 

Schedule My Visit >>

Topics: News & Events