Professional Documents
Culture Documents
October 7, 2016
The Admissions Financial Analyst role is critical in reducing bad debt expenses,
which currently exceed $400,000 at each facility. This individual assists families to
insure that they have the right insurance coverage or, in the case of self-pay, that
they have the financial resources available to place their loved one in a nursing
home or assisted living facility.
As not-for-profit organizations, Samaritan Summit Village and Samaritan Keep
Home operating margins drive our ability to add services and staff or to make
capital investments in our facilities, concludes Mrs. Morrow. Our current state is
unsustainable. The changes outlined in our financial stability plan will result in net
savings each month to help us turn ourselves around.
Samaritans long-term care financial stability plan was implemented on October 6 th.
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