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Showing posts from October, 2020

Tips for Making Your Assisted Living Facility More Profitable

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  Owning an assisted livingfacility takes a lot of work and cash to guarantee residents are happy with the level of care they’re accepting. Things like room and lodging, social activities, assistance with every day activities, management, clinical administrations, and transportation can eat costs rapidly and cut into overall revenues. So how would you keep up the high standards your inhabitants expect and deserve at your ALF while additionally expanding revenue? Here are some of tips to keep you going strong. Document all services and bill appropriately Attendants and other consideration suppliers aren’t in the money-making business, they’re in the consideration business and they frequently won’t document each and every single service their residents receive. While you would prefer not to bother your inhabitants, care administrations aren’t free and they should always be documented, otherwise, your ALF profitability will suffer. Administrations, no matter how large or small, i