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Posts by Jennifer Rock

3 Financial & Occupancy Trends Maryland Skilled Nursing Facilities Should Know [2021]

There were several big financial and occupancy changes in Maryland’s skilled nursing industry due to COVID-19. This is especially evident in areas like occupancy percentages, overall costs per patient day and nursing costs. In this article, we’ll discuss...
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3 Common Nonprofit Management Letter Comments and How to Avoid Them

A primary responsibility of nonprofit directors and officers is to ensure that their organization is accountable for its programs and finances to contributors, its members, the general public and government regulators.
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Quick Guide: Accounts Receivable Management for Long Term Care Facilities

As every long term care provider knows, effectively managing accounts receivable is critical to an organization’s financial success.
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Quick Guide: Membership Retention Rates for Associations

Membership retention is critical to a healthy association. Successful associations carefully monitor membership retention as one of their most crucial metrics. While you already know the importance of a high member retention rate, do you know how to...
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How to Improve Nonprofit Board Governance

When the IRS revised Form 990 to include several questions regarding governance policies and board members’ roles in performing fiduciary activities, board governance became a hot topic.
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The Current State of the Skilled Nursing Industry [Infographic]

This year has brought some big changes for skilled nursing facilities. October will mark the implementation of the Patient Driven Payment Model (PDPM). It’s no secret that this implementation has some facilities feeling skittish. In this year’s 2019...
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