Long-Term Care

Take the money and run: Tips to reduce your SNF's expenses and protect your bottom line

PPS Alert for Long-Term Care, September 1, 2011

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Maintaining a healthy business during a recession is no easy task in any industry, but SNFs have to deal with the added burden of costly regulatory changes and looming Medicare cuts. In such an economy, a shrinking budget is almost inevitable. While never a welcomed occurrence, a tightening of the purse strings is not always a reason to panic. Instead, try to view it as an opportunity to reevaluate your facility's expenses and make sure you are getting the most bang for your buck.

This is an excerpt from a member only article. To read the article in its entirety, please login or subscribe to PPS Alert for Long-Term Care.

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