Assisted Living: How much would you pay to save $4000?
February 4th, 2014
If you’re a 50 bed Assisted Living Facility, the residents you lose due to failing health cost you over $80,000.00 every year. A 100 bed AL loses about $165,000.00/year. If you’re a corporation that owns multiple ALs, then the amount of money you lose every year because of failing resident health is staggering.
What if you had a tool that directs where to target your health management and marketing so that you could reduce this loss? With targeted and focused health management, you save at least $4000 for every prevented resident turnover.
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