Skilled nursing facilities (SNFs) and other institutional healthcare providers that plan to bill Medicare are required to publicly disclose their ownership and management information, per requirements of the Social Security Act and the Medicare program. In efforts to collect a more complete background on these organizations, and the individuals that own and oversee them, additional […]

In a skilled nursing facility (SNF), decisions are made every day based on the organization’s financial position. From staff scheduling and overtime, inventory of medical supplies, dining services and more, every decision must be balanced with the need to manage costs while providing quality care. What happens if those decisions are made without knowledge of […]

Key performance indicators (KPIs) provide visibility into a skilled nursing organization’s financial stability, operational efficiency and quality of resident care. CFOs of skilled nursing facilities (SNF) should understand and monitor back-office KPIs closely, as the data offers valuable insights that can help guide budgeting, staffing and investment decisions. There is no shortage of KPIs for […]