One simple way to improve the cash flow of your nursing home
By
Marco Terry
Jul 18, 2014
One of the most common ways to improve the cash flow of a nursing home is to ask vendors for 30-day payment terms.
One simple way to improve the profitability of your nursing home
By
Marco Terry
Jun 11, 2014
Increasing the profitability of any business, especially nursing homes, can be challenging. Most strategies that increase profitability take time and resources, and they have uncertain payoffs. In this...
Diagnosing cash flow problems in a SNF
By
Marco Terry
Apr 07, 2014
Nursing homes operate in a difficult environment where they face constant financial pressures. On the revenues side are payers who are always trying to negotiate lower prices and slower payments. On the...
Financing a SNF with cash flow problems
By
Marco Terry
Mar 12, 2014
Demand for nursing home services is strong and will increase, but operating a nursing home is extremely difficult, especially from a financial perspective. Keeping clear of financial problems – and...
