California Association of Healthcare Facilities Announces Modern Capital Executive Solutions as a Preferred Provider

Mar 21, 2023
The California Association of Healthcare Facilities (CAHF) welcomes Modern Capital Executive Solutions (MCES) as its newest Preferred Provider. The partnership will provide education to CAHF members on capital efficient strategies to enhance supplemental key employee benefit plans designed to retain, recruit, and reward key physicians and administrators.
“As an industry leading deferred compensation specialist in the healthcare industry, our goal is to help CAHF’s healthcare organizations implement tools that decrease turnover of its key employees, boost culture, and extend the organization’s dollars,” said Mike Miele Co-Founder and Managing Partner. “The Covid-19 pandemic added significant stress to our healthcare leaders who fought through waves of challenges with no end in sight. As a result, and to no surprise, burnout has significantly increased. Organizations cannot afford to lose its most valuable resource, especially for a better compensation package. We are both excited and eager to work with CAHF to solve this problem for its membership,” Miele added.

The expertise, knowledge and support provided by Modern Capital Executive Solutions can assist CAHF’s members work towards programs tailored to their needs,” said CAHF CEO/President Craig Cornett. “We are pleased to have MCES become one of CAHF’s Preferred Product & Service Providers.

Modern Capital Executive Solutions helps organizations grow by retaining, recruiting, and rewarding its top-level talent via supplemental benefits and income. It tailors customized designs and strategies to protect Human Capital, arguably the most important corporate asset. With over 75 years of combined expertise – Credit Unions, Healthcare Institutions, Higher Education, Associations, Banks, and Public Companies – have partnered with MCES as thought leaders to help reimagine their retention philosophy.
California Association of Health Facilities is a non-profit trade association representing skilled-nursing facilities and intermediate-care facilities for people with intellectual disabilities. It is dedicated to providing quality care for the frail, elderly, intellectually disabled and those with chronic mental illness. CAHF is the largest provider of continuing education for long-term care providers in California, representing 900 skilled nursing facilities and 420 intermediate care facilities for individuals with intellectual disabilities.


Modern Capital Executive Solutions

Modern Capital Executive Solutions (MCES) has more than 20 years of experience consulting on key personnel retention, reward, and recruitment plans (often referred to as SERPs), as well as investment and expense mitigation.
There’s no secret to designing executive solutions. Due diligence, compliance, and service beat all others. Our focus on safety and soundness hasn’t changed despite changes in the non-profit and for-profit sectors. From design to implementation to ongoing service and administration, we keep an eye on your plans to make sure they are compliant and working well, even as markets and rules change.

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Mike Miele

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