Helping Improve the Quality of Senior Living Communities
High Quality Senior Living Operations & Decisions, Supported with Data
The senior living industry is rapidly evolving and becoming more complex, with increased competition and changing regulations. To remain competitive and meet the needs of residents, it is critical for senior living community operators to have access to meaningful, accurate and real-time data. Data analytics provides the tools and techniques necessary to gather, process and analyze large amounts of data, and turn it into meaningful insights that can help senior living communities make informed decisions.
We offer improved visibility into the key areas of your operations
Revenue per Available Room
Connecting the revenue data generated from various sources, such as resident fees, dining services, and ancillary services such as transportation and housekeeping to provide insight into the financial performance of the community and can be used to make informed decisions regarding pricing, occupancy, and revenue management strategies.
OpEx Spend
Better understand the expenses associated with running the senior living community, such as staffing, utilities, maintenance, food service, housekeeping, and administrative costs to forecast in priority areas such as optimizing staffing levels, implementing energy-efficient technologies, and negotiating favorable contracts with vendors.
Workforce Management
Improve managing of staff to ensure adequate coverage and quality care for residents. Staffing and workforce management also include ensuring compliance with labor laws and regulations.
Stale Data
Stale data may be the result of delayed or missed documentation, inconsistent data entry practices, or insufficient staff training on documentation and data management procedures. Without the real-time data, it limits the ability to identify and address your most problematic areas of practice or expenses that affect your organization's profitability.
Unified HR and Finance Systems
Disconnected systems reduce your efficiency levels, making it difficult for the Office of Finance to quickly uncover key metrics and insights about your personnel resources. By ensuring that finance and HR systems are properly integrated and aligned, senior living centers can improve their ability to track and report on financial and human resources data, which can support better decision-making and financial management.
Audit Readiness
Centralized reporting and record-keeping makes it easy for communities to demonstrate they are providing quality care and adherence to current regulations. By maintaining accurate and up-to-date data, senior living centers can provide auditors with the information they need to verify compliance with regulatory requirements, ensure quality of care for residents, and identify areas for improvement.
Improve Audit & Compliance Readiness
Metrics that Matter for Senior Living Communities Operations
Occupancy Rate
Average Length of Stay
Employee Turnover
Overtime Hours
Occupancy and Demand Forecasting
Caregiver to Resident Ratio
Streamline regular reporting, planning and decision making
Save time and cost that is regularly spent on regular reporting efforts. Using industry best practices, our team can help integrate your existing systems into new your new software solution. Here are the key features that leverage automation to reduce errors and unify data sources to simplify reporting.
-
Customization
Customized logic, models, and calculations that are built specifically for the operations backbone of senior living communities. -
Rapid Integration
Easy integrations to your HR, Finance systems and current data sources such as ERP, Regulatory, Payroll, Fixed Asset Management or Data Warehouse to optimize your Time-to-Value and ROI -
Collaboration
Create a collaborative workflow and strengthen user adoption to build departmental autotomy and accountability with transparent software. We will also train your team to be self-sustaining
Optimize Reporting and Business Analytics
Migrate your current processes for a modern, fully supported planning and reporting tool. Working with ProLytics, our team will help you tap into data insights from your dashboards to keep track of your firm’s real-time profitability and more.
-
Prepare Reporting Packages
Senior living centers can improve their preparation of reporting by implementing effective data management practices and utilizing technology to streamline data collection, analysis, and reporting. -
Interactive Dashboards
Get a bird's eye view of financial and employee-level information. Use dashboards and reporting tools to provide real-time access to key performance indicators and metrics. This can help to identify areas for improvement and provide insights into operational performance. -
Staying on Target
Plan ahead and forecast effectively by implementing effective data management practices and utilizing technology to streamline data collection, analysis, and reporting. By ensuring that data is accurate, consistent, and secure, senior living centers can support decision-making, improve operational performance, and provide high-quality care and services to residents.
Plan with Greater Confidence
Improve accuracy, generate reports more quickly, gain better visibility into financial performance, enhance forecasting, provide greater transparency to stakeholders, and plan for the future with greater confidence. By using reliable and timely financial information, senior living operations can make informed decisions and identify areas of strength and weakness to drive operational improvements.
Optimize your Financial Planning today. As experts in BI and Planning solutions and trusted implementation partners, modernize and drive your practice with ProLytics today.
ProLytics Consulting Group & Vena Solutions
Easily Integrates with Excel
From financial and labor expense planning, reporting, analytics, and insights, this Vena-based planning solution uses industry best practices to help drive better business decisions by integrating your existing ERP, reporting systems and management system into Vena Solutions.
Why work with ProLytics
- 4.9 out of 5 CSAT Score
- Over 15+ years of expertise in EPM, SPM, BI and Analytics
- Industry-specific business process knowledge
- Proven project management methodologies and delivery techniques
- Deep application and technology knowledge
- Commitment to building quality, high-performing and scalable solutions
- End-to-end consulting services
ProLytics Consulting Group is a business and technology consulting firm that specializes in the areas of Enterprise Performance Management and Financial Business Intelligence Analytics. Our focus is on consulting, development, implementation, upgrades, support, and training with today’s industry-leading technology partners: Vena Solutions, Prophix, Thomson Reuter Elite, and Microsoft Silver Data Analytics.
We understand and value that each company is unique, and are committed to working closely with each customer to find and deliver value-added technology solutions that solve their one-of-a-kind challenges.
