Comprehensive Management for Long Term Care and Assisted Living Facilities

Financial

Clinical | Financial | Human Resources | IHS Manuals | Operational Services

Financial Components for Consultation

1. State Reimbursement
2. Medicare Reimbursement
3. Insurance Providers
4. Professional Liability Insurance
5. Workers Compensation Insurance
6. Bed Layaway – State specific
7. Property Rate Calculations
8. Private Room Revenue
9. Therapy Strategy
10. Financial Statement Analysis
11. Revenue Enhancement
    • Private Room Strategy
    • Medicate Utilization
    • Case-mix
12. Expense Monitoring
    • Staffing
    • Per patient day vs. Company Average or Regional average
13. Nursing Department Structure
    • Patient to R.N. Ratio
    • Patient to L.P.N. Ratio
    • Patient to Nurse Aide Ratio
14. Dietary
    • Minute per meal costs
15. Housekeeping
    • Cost per square foot to 1 to 40 residents