Marco Terry

One of the most common ways to improve the cash flow of a nursing home is to ask vendors for 30-day payment terms.

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...

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...

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...