Many times it seems that revenues and expenses are going in opposite directions. That's why it's important to look for process improvement opportunities to improve the profitability of your community.
Skilled nursing, assisted living and independent living communities are under intense pressure to improve their bottom line in a difficult reimbursement and economic climate. Many communities teeter between profitability and unprofitability. The key driver of success for all elder care communities is occupancy.
This month, "fiscal cliff" has become as much a part of the American lexicon as Happy Hanukah and Merry Christmas. For most Americans, the fiscal cliff - a mandatory 3% contraction of the federal government, is thought of as unimaginable. For Skilled Nursing Facilities (SNF) that have witnessed an 11% reduction in reimbursements in 2012, they have already endured a fiscal cliff and it is clear the future will not get any easier.
A big part of a disaster management plan is asking how your facility will communicate with families, residents and staff.