Risk Factors Update Summary
- Increased interest rates may impact the company's cost of capital and operating costs.
- Failure of the government to make payments under Medicare and Medicaid programs could significantly impact the business.
- Medicaid revenue derived decreased from 13% to 14% for the year ended December 31, 2022 to 2023.
- Changes in housing markets could negatively affect seniors' ability to afford services.
- Increased competition or shortage of skilled personnel may harm operations due to staffing challenges.
- Increased union activity may lead to higher business costs and potential work disruptions.
- Data breaches occurred more frequently in 2023, posing a significant risk to the business.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1766400&owner=exclude
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