Officials are putting the final touches in place for the 25th national conference of the National Investment Center for the Seniors Housing and Care Industry. The event takes place Sept. 30 to Oct. 2 at the Gaylord National just outside of Washington, D.C. Registration is ongoing.
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 article, we review a simple way to increase the profitability of your SNF. It’s a technique that can be easily implemented and improve your profits — if your company is the right candidate for it.
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 expenses side are high debt payments coupled with supplier who want to raise prices, and so on.
Pfizer Inc. said it is planning on presenting the results of its Community-Acquired Pneumonia Immunization Trial in Adults study next month, and that it may have significant impact on preventing community-acquired pneumonia for seniors.