Who We Are


Fiscal Associates:

We bring high-quality talent, abilities, and great experience together for project analysis. Our analyses incorporate years of scientific research which is ongoing. The analyses include point, comparison, area, and multi-unit simulation. See the research summary and biographic sketches below.

We prefer to work cooperatively with existing (Traditional or other method) analysts. We do the quantitative market definition, demand analysis, and public data supply. The existing analysts do private data supply and judgment-based interpretation of supply and demand. We each report to the client in a unified report, providing the best of both: quantitative analysis and local experience and interpretation.

Adapting to the level of complexity of the project, we assemble a sophisticated and experienced working group of Associates. The combination of proprietary processes, intellectual property, and technique that we bring to the solution of market analytic problems is not available anywhere else.

Experience:

We bring more than ample experience to the solution of senior living analysis.

Over 30 years' experience operating all forms of senior living.
• Over 100 years' experience doing quantitative research.

Highlights:

Patents for analytic techniques relating travel time to net demand for a facility.
• Demography.
• Quantitative methods and modeling.
• Operations.
• Research Summary.

  • The combined use of GIS, travel time, and microdata. (patents awarded).
  • New analytic tools are under development and test (patents in process).
    • A geo-spatial interactive GIS simulation using random variables and travel time. With this tool, we can simulate an entire market over a large area and a multi-year time span. It can be used locally (county level) to evaluate single sites, compare and value multiple locations, and regionally (state or multi-state) to evaluate a chain purchase or takeover.
    • Since travel time bands are an important component of all analyses and most facilities have expected life spans exceeding ten years, a MicroDemographic Forecast (MDF) is needed to forecast the future market population, particularly in the case of senior living facilities (senior age groups are small, and form a tail of the age distribution). Interior processes (Bayesian interpolation to isolate one-year age groups) developed by Bill have proved superior to the technique used by the Bureau of the Census (Sprague interpolation) in initial testing. The MDF is being tested using Census data from 1980 and 1990 to "predict" (already known) 2000 Census.
    • A technique, covering large areas (more than a state), to reduce travel time computation from hours to seconds by use of a pre-mapping process.

Patent and Licensing:

The patent and licensing attorneys for the intellectual property listed in this site are Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P, of Washington, DC. Licensing inquires should directed to the managing partner.

Associates:


G. Wm. Bailey, MA, MBA, Ph.D. (ABD*), Associate and Managing Partner

Bill Bailey founded Fiscal Associates over twenty years ago. He developed the algorithms and methodology for the HighValue techniques and contributions described elsewhere in this site. He holds the patents and the software developed for these techniques which relate travel time to the potential net demand for a facility. He has thirty years' experience doing model-based predictive estimates and quantitative research in real-world situations. These experiences have been in and out of government, with senior level experience in the military, industry, and real-estate development.
His undergraduate degree is from West Point and his graduate work was conducted at the University of Delaware and at the University of Pennsylvania.


E-mail:   Voice:  302-894-0500 Extension 4


Bruce E. Boyer, BA, Associate and Principal

Bruce Boyer is eminently qualified to evaluate and to interpret the results of our quantitative processes. He has thirty years' experience in the management of long-term care. He has worked for small and large corporations. Currently he owns his own management company which operates nursing homes and assisted living facilities in five states. He has personally supervised the operations of as many as eight facilities at once while also holding a position as Vice President of a large health care firm in Maryland. He was Chair of Peer Review in Maryland for six years, is past Vice President of the Health Facilities of Maryland, is past President of the Delaware Healthcare Facilities Association, and has been a member of the board of the American Healthcare Association for four years. He owns two facilities, is part owner of three, and is leasing one additional facility. He has experience with the management of the entire spectrum of elder housing, ranging from independent living cottages, through assisted living, to nursing homes.
E-mail:   .   Voice: 302-894-0500

William A. Huber, Ph.D., Associate and Principal

Bill Huber is the director of R&D for Fiscal Associates. In that role, he has developed three powerful tools to advance the role of science in market analysis. Building on insights previously developed and patented by Bailey concerning the role of travel time in the prediction of net demand for an enterprise, Huber is (October 2005) in the final stages of adding three quantitative procedures, listed above, to our analytic capabilities. Each is being filed for patent protection.

  • A geo-spatial interactive GIS simulation using random variables and travel time.
  • A MicroDemographic Forecast (MDF) to forecast the future market population.
  • A technique to reduce travel time computation.

In addition to his work with us, he has other obligations: he heads a firm, Quantitative Decisions, and holds a directorship at X-Interchange. His Curriculum Vitae can be found at http://www.quantdec.com/quals/CV.htm. His Academic experience (1978 to 2005) includes teaching and research in mathematics, computer science, and atomic physics at St. Joseph's University (Philadelphia, PA), the Institut des Hautes Etudes Superieures (Orsay, France) the Centro de Estudios Avanzados of the Instituto Politécnico Nacional (Mexico City, Mexico), and Oak Ridge National Laboratory (Oak Ridge, TN).

E-mail:   .   Voice: 302-894-0500

Genong Yu, BS, MS, PhD, Associate

Genong Yu recently completed his Ph.D. at Indiana State University’s Department of Geography, Geology, & Anthropology. He received his B.S. in Geography from Peking University, China, and M.S. in Environmental Remote Sensing at the University of Aberdeen, UK. He has fifteen years of experience in the research and application of GIS in China prior to coming to ISU. He has an expertise in image processing and image modeling, and has been a chief programmer of the Amazon Information System (AIS), a sophisticated system that integrates the functions of image processing, spatial query and analyses, geographical information management and mapping. The AIS is part of a research project funded by NASA. His Ph.D. dissertation focused on robust image classification using neural network techniques.



Timothy E. Detwiler, MBA, CPA, Associate

Professor Detwiler is an Instructor of Finance in the Finance Department at the University of Delaware. He received a B.S. with a major in Accounting from Elizabethtown College, an M.B.A. from Western Illinois University, and has passed the CPA exam. He owns and operates an Accounting and Tax consulting firm.
Prior to coming to the University of Delaware, Professor Detwiler was the Controller of a $20 million Health Care Company and has both public and industry accounting and finance experience.
E-mail:   .   Voice: 302-894-0500









Daniel Elroi,  Associate

Daniel is a very sophisticated and highly skilled GIS systems analyst and programmer. He has authored the most recent changes to Fiscal Associates' GIS systems, particularly the area study software. It is likely he will be involved in any multi-unit simulation.
He brings fourteen years of technical, consulting, management, and marketing experience in GIS to our systems development. He has h
ad direct experience in local and state government, mining, nuclear waste, real estate, and publishing industries. He has programmed over 10,000 lines of code in AML and Avenue macro languages. He managed over 20 mapping, consulting, and software development projects in six countries; he has been responsible for over $2,000,000 in GIS projects; and he has employed a total of fifteen analysts and programmers. He has written or presented over 30 talks, papers, newsletters, articles, seminars, and multimedia presentations.
E-mail:   .   Voice: 302-894-0500

David Butters, MA, Associate

Dave Butters, on completion of a distinguished military career, served as registar of two colleges and one university before joining a large national level bank. He is a skilled programmer and possessed of a great breadth of knowledge. He handles adminstrative matters within the firm and may be the person you talk to if you call.
E-mail:   .   Voice: 302-894-0500


Patent and licensing:

Robert E. Yoches
Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P.
1300 I Street, N. W.
Washington, DC 20005-3315
Telephone: 202-408-4400


*  All but dissertation.

Return to Previous Page