Why Successful Senior Living Operators Consolidate their Tech Vendors
Consolidating your tech vendors in senior care means cutting down on the various technologies you use - like resident management, health tacking, and communication systems - by partnering with fewer providers. This makes daily operations more efficient, lowers the risk of errors, and helps improve the quality of life for both your residents and staff.
Why Data Consolidation Matters
In senior care communities, collecting and making sense of data is critical for delivering quality care services. According to Mark Anderson, Chief Client Officer at Eldermark, "Operators need their data to make sense."
Streamlining and simplifying IT infrastructure can significantly improve workflows and data integration. This frees up resources to focus on what truly matters — your residents, your staff, and your overall mission.
The Key Benefits of Tech Consolidation
More than 116,000 of Eldermark's senior living professionals have seen the direct impact of
consolidating their data and tech vendors with our data management system:
Additional $1,263 in revenue per resident per month
HOURS
A 56 hour reduction in monthly administrative work
A 20% increase in lead to move-in rates
An 85% reduction in agency staffed hours
How Data Consolidation Works
To fully harness the potential of your data, you need trusted senior living software that consolidates and streamlines all your data into one place. Bringing these tools together in a single enterprise resource planning tool, or ERP, is key to unlocking success by delivering the analytics and insights that let operators make the best decisions possible.
The Best Assisted Living Software for Seniors: What to Look For
Operators of senior and assisted living communities are looking for technologies that enable them and their staff to spend more time with residents — making sure they are safe, healthy, and simply having a great experience. A well-designed software solution can collect and integrate data from four essential areas of senior living:
Resident Experience
With real-time data automation and notifications, you can easily track resident satisfaction and provide your seniors with better care. Having a clear view of their health and behavior allows you to offer more personalized supervision and respond quickly when needs arise.
Operations
By consolidating your data, you save time on large, difficult, or repetitive tasks. Having everything in one place makes it easier to manage daily duties, reduce paperwork, and improve how your senior care operations run.
Finances and Revenue
Bringing your financial data together helps you keep better track of income and expenses. This makes budgeting easier and allows you to spot areas where you can save money or improve revenue.
Staffing
Data management software helps you plan staff schedules and have the right people onsite when you need them. This reduces your reliance on outside staffing, fills in scheduling gaps, and boosts staff morale.
The Amazing Results of Data Consolidation
When you consolidate your data through one tech vendor, like Eldermark, the benefits for senior and assisted living communities are tenfold:
Lower Readmission Rates
Data consolidation makes it easy to spot potential health issues early and take action, resulting in lower rates of readmission.
Fewer Mistakes
With all your systems working together, there’s less chance for functionality issues, medication management mistakes, or healthcare errors.
Identifying and Assisting At-Risk Residents
Consolidated data helps you quickly make an assessment to see which residents need extra care or a new care plan.
Finding Revenue Gaps and Opportunities
Having clear data helps you better assess your finances and see where you can save money or increase profitability.
Improved Processes Through Feedback
Real-time electronic health records give you ongoing insights, allowing skilled nursing staff to constantly improve care management and spend less time charting.
Eldermark’s Real-World Success
Senior living is about more than just providing care — it’s about managing a full-service operation that supports both daily living and long-term care. By consolidating technology with Eldermark, you can make tasks easier for care providers, improve resident outcomes, and achieve or even surpass occupancy goals.
The organization acquired four new locations in 2023. After this, Michael Morris, President of Willow Ridge Senior Living, said, “I attribute that to our software infrastructure and the growth of our management company to sustain scale, and none of that would’ve been possible without the platform and the infrastructure to allow for seamless integrations with our new acquisitions.”
Through software consolidation, Willow Ridge has simplified tasks for its caregivers and staff, making it easier to manage financial resources and improve resident care. “What I really like about Eldermark is that it’s an all-encompassing platform with a CRM, so you can convert prospective residents into residents,” says Morris.
Another aspect Morris appreciates about our comprehensive software is its ability to drive margin expansion.
“When you find 15 different software companies to do all of these incremental modules separately, you’re naturally going to pay a much higher price,” he says. “Eldermark has the all-inclusive option that’s going to consolidate your vendor count. Naturally, your expenses are going to be lower and you’re going to have a much-expanded margin as a result.”
"I attribute that to our software infrastructure and the growth of our management company to sustain scale, and none of that would've been possible without the platform and the infrastructure to allow seamless integrations with our new acquisitions."
Michael Morris
President of Willow Ridge Senior Living
Discover the Power of Consolidation with Eldermark
Senior living is about more than just providing care — it's about managing a full-service operation that supports both daily living and long-term care. By consolidating technology with Eldermark, you can make tasks easier for care providers, improve resident outcomes, and achieve or even surpass occupancy goals.
Contact Eldermark today to start unifying your senior living operations with an effective, user-friendly data management solution.