Press "Enter" to skip to content

Data Equals Dollars: Senior Living Providers Blaze New Trails to Capture Care Revenue

This article is a part of your SHN+ membership

Juniper Communities has set a goal to increase care revenue by three percentage points on a company-wide basis in 2023. Welltower (NYSE: WELL) worked with one of its operators to drive a 74% increase in care revenues between Q4 2021 and Q4 2022.

As these examples demonstrate, companies are getting creative in finding new ways to maximize care revenue to boost the bottom line as the senior living industry faces sustained headwinds of margin compression and labor pressures.

.memberful-global-teaser-content p:last-child{
-webkit-mask-image: linear-gradient(180deg, #000 0%, transparent);
mask-image: linear-gradient(180deg, #000 0%, transparent);
}

Sign up for SHN + to read this exclusive content.

Get Membership

Already a member?

Need more than 5 members? Contact us for more information.

* per member

The post Data Equals Dollars: Senior Living Providers Blaze New Trails to Capture Care Revenue appeared first on Senior Housing News.

Source: For the full article please visit Senior Housing News

Be First to Comment

    Leave a Reply