CliftonLarsonAllen helps aging services organizations, as well as the owners and executives who lead them, address the significant issues that matter to their business. From offices coast to coast, our professionals dedicate their time to understanding and addressing the issues facing health care. We do this by delivering the professional services of our integrated wealth advisory, outsourcing, and public accounting capabilities.
Utilizing the broad capabilities of our firm and tailored to the needs of senior living providers, CLA offers an array of service capabilities: Information security, HIPAA compliance, benchmarking, market research, operations assessment and performance improvement, strategic capital planning, mergers and acquisitions, due diligence, valuation, reimbursement, audit, tax, and more. For more information visit www.CLAconnect.com .
CLA’s 32nd Edition of the Skilled Nursing Facility Cost Comparison Report gathers financial data from the entire population of skilled nursing facilities (SNF) nationwide. This report, based on 2016 data, gathers financial and operational data from every SNF nationwide to help leaders make strategic decisions concerning solvency, cost efficiencies, and profitability. In addition to publishing their traditional report, this year, additional data is offered in a visual, interactive story format so you can compare nonprofit SNFs to proprietary SNFs.
While benchmarking is a great first step toward organizational improvement, SNFs often need more. A discussion of how a SNF’s performance lines up with facilities that share similar characteristics can turn interesting information into an analysis that truly drives decisions that will enhance performance. Through a deep analysis of their database, CLA learned that high-performing SNFs have a core set of shared characteristics. By understanding the characteristics of these top performers and comparing your organization’s metrics, you can focus your efforts on aspects of operations that can provide the largest economic impact. By focusing on these areas, your organization can create its own pathway to improved performance.
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