How can I be assured that Bethany Village is financially strong?
A. Bethany Village does not have any individual long-term debt. Instead, all of its long-term debt is part of the Pennsylvania Obligated Group, which includes Springhill. Each community pays its share of the long-term debt; however, being part of the Pennsylvania Obligated Group enables each community to obtain the capital funds it requires at a lower interest rate than it could if it were to borrow the funds individually. Since the inception of the Pennsylvania Obligated Group, Bethany Village has always paid its portion of the long-term debt.
