See how senior living leaders are revolutionizing their business with data and our modernized software platform. See what's NEXT!
Discover how your senior living community can ensure profitability and that you are paid for your good work in service to resident customers.
Eldermark’s Business Model Design is a consultative process designed to ensure financial stability, identify revenue gaps, and maximize growth for senior living communities. Our experts dive deep into your community's data, ensuring all provided care services are properly paid for and care plans are updated as resident acuity changes. This comprehensive approach helps communities increase their operating revenue on a per-resident, per-month basis.
Use Eldermark’s Business Model Effectiveness Scorecard to enhance your senior living community’s performance. Assess key areas like Expert Guidance, Data-Driven Insights, Revenue Optimization, Care Quality, Future-Proof Operations, and Service Tracking.
Rate Yourself 1-5:
1 being poor/we don’t effectively do this today, 5 being our team excels at this. If your final self-assessed score is below a 3.5, contact our Senior Living Business Model experts to schedule your consultation.
No clear understanding of caregiver service costs per hour.
Basic awareness of some caregiver costs; not comprehensive.
Moderate understanding of caregiver service costs per hour; some areas unclear.
Good understanding of most caregiver service costs per hour; minor gaps.
Complete and detailed understanding of all caregiver service costs per hour.
No accurate measurement of resident acuity; staffing and service models uninformed.
Basic measurement of resident acuity; limited influence on staffing and service models.
Moderate accuracy in measuring resident acuity; some influence on staffing and service models.
High accuracy in measuring resident acuity; significantly informs staffing and service models.
Precise and comprehensive measurement of resident acuity; fully informs staffing and service models.
No tracking or revenue capture for chronic illness care services.
Basic tracking of some chronic illness care services; inconsistent revenue capture.
Moderate tracking and revenue capture for chronic illness care services; some gaps.
Extensive tracking and revenue capture for most chronic illness care services; minor gaps.
Complete tracking and revenue capture for all chronic illness care services provided by nurses.
No connection between care and business plans; significant lost revenue.
Basic connection between some care and business plans; frequent lost revenue.
Moderate connection between care and business plans; occasional lost revenue.
Strong connection between most care and business plans; minimal lost revenue.
Fully integrated care and business plans; no lost revenue.
No alerts for care provided outside resident plans.
Basic alerts for some care provided outside resident plans; not comprehensive.
Moderate alerts for care provided outside resident plans; some gaps.
Extensive alerts for most care provided outside resident plans; minor gaps.
Comprehensive alerts for all care provided outside resident plans; fully captured and addressed.
With Eldermark as your partner, we'll guide your team to implement tailored strategies and leverage data-driven insights to enhance your business model, addressing gaps and continuously monitoring performance. Our proven approach empowers you to build a sustainable, thriving senior living community.
Transform your business model with Eldermark — ensuring profitability and excellence in service delivery.
Contact us and get started today!
Tailored strategies and data analysis to enhance financial stability and operational efficiency in senior living communities.
Eldermark’s Business Model Design leverages decades of expertise to tailor solutions for senior living communities, ensuring every operational challenge is met with proven strategies for success aligned with your goals.
Our Business Model Design uses advanced analytics to track and assess every aspect of your community’s operations, providing actionable data to inform financial planning and optimize revenue streams while optimizing resident care systems.
Through our comprehensive review, standardized pricing models, and ongoing monitoring, Business Model Design ensures all services provided are accurately billed, filling any revenue gaps where revenue is earned.
By continuously updating care plans based on real-time resident data, Business Model Design enhances the quality of care and ensures residents always receive the appropriate level of service.
Eldermark’s Business Model Design prepares your community for future challenges by continuously monitoring your community data, building a sustainable model and plan for growth and financial health.
Our ongoing, detailed assessment process ensures that every service provided is tracked and billed correctly, reducing revenue loss and assisting with compliance to industry standards.
Our experts conduct an in-depth review of your community’s business and service models, comparing them with market standards. This ensures consistency and identifies opportunities for new services and revenue streams.
We configure Eldermark’s software to align with your community's specific needs, driving automation in clinical care and financial outcomes. This includes a detailed training plan for your staff to ensure seamless adoption and maximum efficiency.
With real-time data analytics and regular reassessment of resident needs, we help you stay ahead of trends and make informed decisions. This ensures accurate billing, optimal staffing levels, and enhanced care quality, ultimately driving sustained financial growth.
Schedule your personalized consultation today and start your journey towards increased revenue and optimized operations. Discover the power of data-driven insights and expert guidance with Eldermark’s Business Model Design.
