Let’s just admit it. The skilled nursing sector could use a lot of advice right now, especially on the labor front. Our old friend, Daren Cortese, who sold his Brinton Woods nursing home company back in April 2020 (good timing), has just launched his newest venture. It is called Nursing Facility Solutions LLC and is based in Baltimore, Maryland.
Daren has seen the good, the bad and the ugly in his 30-year experience in the skilled nursing business, and we suppose he wants to put that knowledge to good use for the industry during these tough times. He will be focusing on financial management services, which include acquisition analysis and valuation support, as well as budgeting, strategic planning for capital expenditures and maximizing vendor relations.
More importantly, he will also provide advice and insight into employee engagement, recruitment strategies, retention strategies and mentoring programs. With the worst labor crisis ever facing the senior care industry, everyone could use these services. He was recently appointed to the board and Executive Committee at the Dwyer Workforce Development Center founded by Jack and Nancy Dwyer of Capital Funding. If you listened to our webinar a few weeks ago on the labor market, you will know that this new Center’s mission is to provide job training and placement services, education programs and financial assistance to unemployed or under-employed individuals for employment in the long-term care industry. We need to have centers like this all over the country.
Daren is well known in Maryland, where he just completed his term as Chairman of the Health Facilities Association of Maryland and remains on the Executive Committee. We wish him success in this new venture.
