Audio quality improves at 4:40.
2017 AHC/NCAL Annual Convention & Expo
Pricing, Cost, and Profitability in Assisted Living
Monday, October 16
3:00 PM - 4:30 PM
Location: Mandalay Bay Ballroom K
CE: Nurses: 1.5 | NAB: 1.5
Most assisted living providers know every detail about their pricing strategy, but do they understand their cost? In this session, we will discuss the pricing mechanisms we see in the marketplace and how providers are determining the cost of caring for various types of residents. By exploring the financial aspects of an assisted living facility, participants will better understand the drivers of profitability in their own organizations.
Learning Objectives:
- Review the various pricing strategies that assisted living providers are employing
- Extrapolate the fixed, semi-fixed, and variable costs in your community
- Interpret the drivers of financial success in your community
