High Performance Microfinance SAM 2015 - Plenary Session Day 2
Atria Presentation
1. A fresh look at Solutions that will work for you today , tomorrow and into the future .
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3. In 2006 the Annual Rate of Inflation in the Food Category was 2.5%
4. In 2009 the Annual Rate of Inflation in the Food Category is expected to top 8.0%
5. In 2006 the Average price for a Gallon of Gas was $2.30
6. Today the Average price for a Gallon of Gas has jumped by 64% to $3.62
7. 2 years ago access to Capital was easy…Resulting in $22 Billion worth of Senior Living Construction Today that has plummeted to $2 Billion
8. In the last 20 years Credit Card Debt has grown over 300% During that time it has been Americans age 65 and over who have experienced the greatest increase
10. The stock market is heavily impacting Private Pay The Shifting Senior Care Space - you Probably Know
11. The housing crisis is affecting marketing efforts The Shifting Senior Care Space - you Probably Know
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20. Controllable Costs GPO Benefits No Control Collaborative Oversight Industry Standard Outcomes
21. The Next Level… Working on your business rather than in your business
22. The Next Level… Working on your business rather than in your business Operational Execution Improved Financial Perf. Capital Planning Risk Mitigation Strategic Visioning Culture Change Best Practice Internally E.P.I.C. Process
23. E.P.I.C. SRA’s Innovative Outcomes Traditional Industry Outcomes Controllable Costs GPO Benefits No Control Collaborative Oversight Controllable Costs GPO Benefits No Control Collaborative Oversight SRA
New Call: What has triggered your organization to look at a potential relationship with a professional services organization like SRA? Follow Up Call: What has changed since the last time we talked? Both: What do you expect to get out of today’s meeting? In order to answer your questions about SRA we have prepared a short power point and video.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Healthcare and specifically Long-Term Care is evolving faster than ever. We as providers are faced with new challenges and opportunities. Moving ahead of the competition with solutions and trends is a tall order. Now is the time for you to focus on the next generation of your customer. But to do this you must overcome risks that will keep you from attaining your goals. Here are some facts related to the ever changing senior care space that you probably know.
Volatility in the stock market is heavily impacting the private pay customer. Lower if any yields on their investments is causing existing and potential residents to tighten their spending and rethink their options.
Volatility in the stock market is heavily impacting the private pay customer. Lower if any yields on their investments is causing existing and potential residents to tighten their spending and rethink their options.
People are afraid to take a loss on the sale of their homes so more and more they are electing to stay put for the foreseeable future which directly affects your census.
Rising healthcare costs are forcing seniors to stay at home longer than in the past. Increasing acuity levels are forcing assisted living to take on more traits of a skilled environment. This is creating new staffing challenges and higher costs for you the provider. Next Slide Intro – Fighting the daily fires take focus away from important initiatives that cost valuable time and money. There are a few facts which you may not know that could heavily impact your bottom line…
Five years ago this was not the case and you now have an IT Department. Based on the average salary of a senior living CFO this could cost you an additional $30,000 in lost productivity. This doesn’t need to be the case...
You know turnover is costing you significant dollars but it may be costing you more than you think. The turnover rate in an average assisted living community is 27 – 45%. Transitioning one CNA/STNA level employee costs upwards of $4,000. At the supervisor level this number jumps to $7,000. Each community is unique, performing this exercise using your actual statistics will emphasize just how important it is to make a strategic investment in developing your current staff. (Case study: 81 bed assisted living community incurs approximately (using a turnover rate of 35%) $240,000 in annual turnover costs)
With our current economy there is real urgency around cutting costs. There is much more involved in a market basket than looking at proposed savings on a piece of paper and accepting them as fact. Everyone in the Industry has accepted this as the standard. We have an article for you that will pull back the curtain and expose the myths surrounding the market basket.
Just one example, did you know that 10% of all utility bills are inaccurate? Simply finding these errors would immediately have a huge impact on your bottom line. Here are some things for your to consider while we are together…… What if you could you partner with someone who could help your organization use technology to your advantage? What three things are you doing to reduce turnover in your organization? Are your operational methods able to ensure the best possible values when utilizing a market basket? Is there someone in your organization who can identify errors on a utility invoice?
Just one example, did you know that 10% of all utility bills are inaccurate? Simply finding these errors would immediately have a huge impact on your bottom line. Here are some things for your to consider while we are together…… What if you could you partner with someone who could help your organization use technology to your advantage? What three things are you doing to reduce turnover in your organization? Are your operational methods able to ensure the best possible values when utilizing a market basket? Is there someone in your organization who can identify errors on a utility invoice?
Let’s talk about the industry model of the workflow process. Phase 1: Executive level staff is focused on reducing cost. Most spend significant time performing due diligence and analysis. Phase 2: It’s on to measuring your success through auditing and review of compliance. Phase 3: The fight begins…now you spend your time managing and squeezing vendors to find additional dollars. Phase 4: Finally …..Success What tools do you use to streamline the process and what industry benchmarks are you utilizing to gauge effectiveness? What processes and reporting tools are you using to analyze this spend? Are you confident in your RFP process and how do you ensure your staff’s buy-in to the program? Success…but only if you’ve had the time to reach it?
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
Industry standard…. Accepted or not this is what we have found most organizations look like or think they look like in the industry.
