Thank you for joining us at our LeadingAge Annual session “More Science than Art: Properly Pricing Rent and Services” and visiting us at our booth during the conference’s expo.
During our session, Practice Leader Dana Wollschlager and Vice President Jamie Timoteo described how your organization can benefit from cost accounting:
- Confirm that the pricing and fees collected for the rent and service packages you are offering to your residents are commensurate with the costs associated to provide the care
- Review your pricing model to reassess labor costs
- Realign revenue and expenses based on real time data and information
It’s important not to base price solely on competitive reviews. Please reach out to see if our Price Point cost accounting services could help your organization see the entire picture when it comes to operating costs and expenses.
If we missed you at the conference, we’d appreciate the chance to talk through the benefits a Price Point analysis can have on your organization’s margin.
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