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Posts by Jennifer Rock

Maryland Skilled Nursing Facility Outlook Survey Reveals Top Three Concerns Among Administrators

We recently polled owners, administrators and chief financial offers of skilled nursing facilities (SNF) in Maryland to learn more about their top concerns. The results of the survey confirmed what our clients in the industry have been telling us. Let's...
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Nonprofits, 3 Reasons Why Nothing Is More Expensive than a Cheap Audit

I’ve heard it more than once at the conclusion of a nonprofit organization’s RFP process: “We really liked your CPA firm, but ... we went with another firm whose audit services cost less.” Hhmm, sounds good for the nonprofit’s pocketbook, right? Well,...
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How Does Your Skilled Nursing Facility’s Bad Debt Expense as a Percentage of Revenue Measure Up?

One of the most common questions we get from our skilled nursing facility clients is, “How does my facility’s bad debt expense as a percentage of revenue compare to industry averages?”
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How Long Term Care Facilities Can Better Manage Receivables and Collections

Collection of receivables is one of the toughest financial challenges that a long term care facility faces. Delinquent receivables can create short-term and long-term cash flow issues — and the financial viability of your facility.
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Nonprofits, Volunteer Recruitment and Retention Doesn’t Have to Be Rocket Science

No matter what your nonprofit’s volunteer base looks like, enhancing a volunteer’s experience will benefit your organization and maximize volunteer turnout at future events.
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Employee vs. Independent Contractor: Nonprofits, Listen Up

The IRS has publicly stated it plans to crack down on organizations that improperly classify workers as independent contractors instead of employees. Are you confident your employee classifications would stand up to IRS scrutiny?
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