Gain Valuable Insights
- Pre-defined templates built to report on industry benchmark KPIs
- Occupancy & Revenue, Care & Services, and enhanced workforce planning are examples that illustrate use-cases for your operations
- Build, modify and report on models that provide useful insights for complex financial planning processes.
Key Template Overview:
Occupancy & Revenue Planning
Care & Services Revenue Planning
HR Labor Costs Planning
Workforce Scenario Planning
Build your Occupancy revenue plan by Facility and Unit type (Assisted living vs Life Memory Care) and Resident move-ins/outs to forecast occupancy and rental revenue.
Plan Care & Services revenue based on resident care points needs and assigned prices points for detailed fee analysis
Plan Labor expenses (Salary / Benefit / Fringe lines and other costs) by employees, leveraging existing employee attributes and job type.
Build a Staffing scheduling weekly plan by Department and Job Title to directly validate whether there are sufficient staffing hours for the current occupancy. based on operator policies and rules
Targeted Overhead and Expense Allocations
Top Down "What-if" Scenario Modeling
Plan for Capital Expenditures and associated asset depreciations with ability to define priorities and approvals
This centralized operating budget template ties in revenue (occupancy, care, services) and expenses (labour, SG&A, other costs) summarized by GL code and operating segments.
Allocating Overhead costs from cost centers across different facility departments for target profitability analysis
Plan for multiple what if scenarios by using drivers based on actual and/or a comparison scenario data. Enter top level numbers as a target value and/or adjust and plan overrides to be done at the account line item level by Revenue or Cost type