Funeral Director Daily
Earlier this week the largest funeral home and cemetery operator in North America, Service Corporation International (SCI), revealed their results for the 2nd Quarter of 2021. It was a much anticipated report as it would mark a comparison with the 2nd Quarter of 2020 when the Covid-19 pandemic was flourishing and funeral homes and cemeteries…
It will surprise no one that in the Covid-19 pandemic year of 2020, that life expectancy for Americans dropped by the largest decline since World War II. This article from the Associated Press also indicates that the life expectancy drop for Black Americans was the largest since the Great Depression and for Hispanics it was…
I can remember back to a time when I thought sending out direct mailing pieces for preneed funeral planning was too forward and bordered on being in bad taste. At that time we were always worried about offending someone who had an illness in the family or who recently had a death in the family. …
Every once in a while I come across an article which reminds me how much the actual inner workings of a funeral business has changed. And sometimes paradoxically, the same article or articles can point out that what I’m looking at is not so much a change as it is an evolution. Today I will…
I read this interesting short article (and video news story) authored by Myles Udland at Yahoo Finance the other day. In the article, he surmises about “the role that demand is playing in the economic recovery.” According to Udland, you can “throw a dart at just about anywhere in the economy and you’ll find unmet demand…
It’s hard for me to believe that I now call Direct Mail, Radio, and Newspaper advertising “non-conventional”. When I started in the business that was about as “conventional” as it got. However, when I am looking online for products to buy I’ve become accustomed to looking at the “Reviews” or the “Star Ratings” now. I…
It was probably ten years ago when I, as a funeral director, received a phone call from a member of a family whose father was on hospice care. The family member told me that his father “wanted his body donated to science” and had made arrangements for a private company to help them do that. …
I’ve been on this bandwagon a long time and I can see it coming down the road. The bandwagon I’m talking about is “hospice providers becoming part of the death care profession”. In this article from Hospice News you can read about hospice provider Compassus beginning a pilot progam to, among other things, “assist with…
Yesterday, July 19, Seeking Alpha published a pretty in-depth investment article from Livingston Investments on funeral home and cemetery operator Service Corporation International. The article is entitled, “Service Corporation International: Crisis reslient business with a premium to fair price”. You can access the article here. There was a couple of statements in the article that…
Funeral Director Daily published this article last week that we titled “We saw a lot of deaths in 2020”. The article tried to put a number to the number of death care cases across the United States in our Covid-19 pandemic year. We came up with the number of 3,427,321 which was a 20% increase…
