Jim Shatz

Are you missing out on crucial dining insights? With FullCount’s reporting features, senior living communities can easily access insights to improve operations, track trends, and enhance resident satisfaction—all in one platform. From monitoring dining expenses to understanding resident preferences, FullCount helps you make informed decisions that drive efficiency and elevate the resident experience. Discover how you can turn data into action: https://hubs.li/Q02TkPbh0 #FullCount #SeniorLiving #SeniorDining #Reporting

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Navigating the Financial Challenges for Small Assisted Living Facilities in the Tampa Bay Area In the vibrant Tampa Bay area, many small, assisted living facilities face a critical issue: maintaining full occupancy while managing tight budgets. Despite their dedication, zero deficiencies from AHCA, and high standards, these facilities often find themselves with empty beds and struggling to stay open. With firsthand experience as a provider, I understand the difficulties these facilities encounter, which sometimes push them to consider closing their doors. Key Challenges Faced by Small Assisted Living Facilities: Low Payment Per Hour: Residents typically pay between $1,800-$2,400 per month for 24-hour care, translating to less than $4/hour. Given that state-licensed facilities must provide three meals a day, tailored dietary needs, and constant supervision, this rate is insufficient to cover all costs effectively. High Staffing Costs: Managing payroll is a significant challenge, with staff paid at the state minimum wage of $15/hour. Balancing quality care with financial constraints adds to the operational burden. Comprehensive Care Requirements: Offering high-quality care involves more than meeting basic needs. Facilities must provide round-the-clock supervision, address dietary requirements, and offer emotional support all of which require well-trained staff and additional resources. This also includes maintaining required insurance and managing utility costs. Intense Competition and Referral Agencies: Small facilities often compete with larger establishments and referral agencies that direct clients to bigger facilities. Despite having well-maintained facilities and trained staff, smaller providers often struggle to attract residents. Marketing and Visibility Challenges: Despite attending 6-10 marketing events and engaging in social media marketing, small facilities often struggle to gain visibility and fill their beds. Strategies for Navigating the Challenges: Enhance Direct Referrals: Build and strengthen relationships with healthcare providers, social workers, and community groups. Direct referrals can reduce reliance on referral agencies and increase resident intake. Leverage Community Engagement: Boost your facility’s visibility by participating in local events and networking with community organizations. A strong local presence can help attract residents seeking personalized care. Streamline Operations: Evaluate and streamline operational processes to reduce costs where possible. Efficient management of resources and careful budgeting can help mitigate some of the financial pressures. Small, assisted living facilities are essential to our communities, offering compassionate care and support. By addressing financial challenges with innovative solutions and focusing on direct referrals, community engagement, and operational efficiency, these facilities can continue to provide valuable care and remain a vital part of our community.

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🧍 Driving revenue can't be left to one person! 🙋 Let's chat about boosting revenue in the senior living industry with a dynamic Revenue Team. This team is a powerhouse, meeting regularly to brainstorm strategies for improving occupancy rates and enhancing the first impression experience for new residents. At the heart of driving occupancy rates is the sales counselor. They are the key player in any senior living facility. However, it's crucial to recognize that they can't do it alone. A successful Revenue Team involves not just the sales counselor, but also the general manager, move-in coordinators, concierge staff, and even the health and wellness lead. By bringing together these key players, we can work towards maximizing revenue and ensuring the success of our senior living communities. It's all about collaboration and teamwork to achieve our goals. Let's make it happen! #seniorliving #salestraining #occupancyperformance #salescoaching #seniorlivingsales #relationshipbasedsales

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🟥 LEARN ABOUT THE DIFFERENT TYPES OF ASSISTED LIVING LICENSES 🟥 Are you ready to dive deeper into the world of assisted living investing? Do you want to understand the various licenses and what they mean for your business? Join us tomorrow at 430 PM EST for an insightful 🤩LIVE🤩 session where we'll cover "Types of Assisted Living Licenses." From basic assisted living licenses to limited assisted living licenses and more, we'll provide you with the knowledge you need to make informed decisions. If you’re excited to learn how different licenses can impact your investment, type “READY” below! Can’t make it live? Comment “REPLAY” and we’ll send you the recording. Don’t miss out—tune in tomorrow at 430 PM EST to expand your expertise and take your assisted living business to the next level! 🌟 #AssistedLivingInvesting #AssistedLivingLicenses #FinancialFreedom #InvestingKnowledge #BusinessGrowth #AssistedLivingBusiness #InvestmentStrategies #RealEstateInvesting #Entrepreneurship #WealthBuilding #SuccessMindset #FacebookLive #SeniorLiving #CareHomeInvesting #PropertyInvesting #BusinessInsights #InvestmentEducation #Licensing101 #CareHomeLicenses #InvestmentOpportunities

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It's fascinating to see how Ventas continues to expand its healthcare portfolio, especially with such strategic acquisitions. Their ability to secure long-term leases with established operators like ScionHealth ensures stability. At the same time, their focus on growing in key markets like South Florida shows their commitment to healthcare infrastructure. The leaseback deal structure is particularly interesting, allowing Ventas to maintain a steady rental income while hospitals operate efficiently. What are your thoughts on the impact of these acquisitions on the broader healthcare real estate market?

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🚨 Attention Assisted Living Administrators! 🚨 Year after year, AHCA's top deficiencies reveal a recurring theme 📉: issues with staff training consistently land in the top spots. In fact, 4 out of the top 10 deficiencies are related to training, with the top two spots directly tied to this critical area. It's clear that the traditional training platforms facilities are using aren't cutting it. 🛑 If you're facing these challenges, it's time for a change. A compliance-focused training system can revolutionize how you prepare your team and maintain compliance. 🎯 👉 We’re excited to offer a game-changing solution! Try our training system FREE for 30 days and see the difference for yourself. Transform your staff training and stay ahead of compliance issues before they arise. Get started today! 👇 https://lnkd.in/e2ShigGM

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🔍 Explore Senior Living Options with Us! Join us for our "Navigating Senior Living: Understanding Your Options" webinar on May 22nd at 7 p.m. via Zoom. Learn about various senior living options, fee structures, regulations, payment methods, and more! Secure your spot now: https://lnkd.in/e6uK8S9T #SeniorLiving #Webinar #RegisterNow

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Our new solution, Market Care, gives senior living communities an instant competitive edge with market intelligence on occupancy, pricing, care fees, expansion opportunities and more. We'd love to give a demo to all of any of our senior living followers! Book your demo here: https://hubs.li/Q02sJmhT0 #MarketCare #SeniorLivingSuccess #InnovativeLeadership #SeniorLivingMarketResearch #MarketData #competitiveanalysis

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Our new solution, Market Care, gives senior living communities an instant competitive edge with market intelligence on occupancy, pricing, care fees, expansion opportunities and more. We'd love to give a demo to all of any of our senior living followers! Book your demo here: https://hubs.li/Q02sJy9y0 #MarketCare #SeniorLivingSuccess #InnovativeLeadership #SeniorLivingMarketResearch #MarketData #competitiveanalysis

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Our in-depth strategy intensive, tailored specifically for senior living, reveals untapped opportunities to help you attract more residents and improve occupancy rates. Here's what the audit will deliver: 💡 Holistic analysis of your digital strategy, tech stack, and performance 📊 Actionable solutions aligned with your goals 📈 Clear strategies to drive more inquiries and boost occupancy What it includes: ✔️ A detailed audit report for each location ✔️ Fresh insights into your digital presence ✔️ A competitive and portfolio comparison ✔️ A 3-hour expert strategy session Take the first step towards smarter marketing with a SmartEDGE strategy intensive! You can check it out at getsmartedge.com ⚡️ #SmartEDGE #SeniorLivingStrategy #SeniorLivingMarketing

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Over the last several months, I have spent my days finding solutions and strategies to assist Senior Living Operators. In the comments below share your top pain points or use this link to schedule a time for us to connect! https://lnkd.in/eRYdiwub

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Quick results mean quick wins that bring quick savings... ...but we also prioritize bringing results that are sustainable. Consider how working with SpendMend can lead to long-term success at your hospital or health system. #PPIs #healthcarecosts #hospitals #purchasedservices #costcyclemanagement

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What's the average cost of senior living? 🏡 #FAQFriday is here with one of the most frequently asked questions when researching your next move. Listen as April Theus, VP of Sales, provides insight into how to pay for senior living and discover a helpful tool available to you at all times. 👏 Learn more: https://bit.ly/3VAmGtP Have more questions? Submit them through our FAQ form: https://bit.ly/48TULcn #welcomehome #greatplacetolive

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Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. With insight from Discovery Senior Living, Distinctive Living, Treplus Communities, Solera Senior Living, Willow Ridge Senior Living, and CC Young Senior Living. https://bit.ly/3BFjHc2

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📈 This Week in Compliance: Essential Tasks for ALF Operators and Executive Directors Staying ahead in compliance is a key part of maintaining excellence in assisted living management. This week, take proactive steps to ensure your facility not only meets but exceeds standards. Our carousel will guide you through critical compliance activities that you can tackle right away: 1. Audit 1823 Forms: Ensure all resident forms are updated and accurately filled. 2. Review Staff Files: Check that all staff credentials and training records are current. 3. Conduct Elopement Drills: Test and refine your facility’s response to potential elopements. Each slide is packed with actionable tips to help you manage these tasks efficiently and effectively. Stay tuned and swipe through to enhance your facility’s compliance this week! #AssistedLiving #ComplianceManagement #HealthcareLeadership #ALFOperators #ExecutiveDirectors #SeniorCare #FacilityManagement #HealthcareCompliance #ElderCare #ProfessionalDevelopment

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Hi from ☀️ #Orlando. 👋 If you have not already, be sure to go by the Hospice Dynamix booth and take some time to visit with Jared King. 🚀 He will be happy to share with you how Hospice Dynamix is #improving and #empowering the #hospice landscape. #ai #machinelearning #predictiveanalytics #healthcaretechnology #hospicedynamix #palliativecare

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