How senior care operators are overcoming profitability challenges in today's operating environment
Patrick McCormick sits down with Senior Housing News in an interview discussing how senior care operators need a long-term view of profitability and shares key steps to mitigate the effects of ongoing industry challenges.

When sharing guidance for providers, Pat notes, “I tend to look at it in three areas: revenue cycle management, staffing, and controlling costs. We think the revenue cycle process is broken for many providers. We’re seeing higher levels of outstanding accounts receivable balances, and the rigor around collection policies aren’t being followed.”