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PPS Announces Availability of Free Census/Revenue Analysis for Skilled Nursing Facilities

Custom Analyses Document How 5 Percent Census Growth Adds $10M or More in Revenue

ATLANTA, November 29, 2010-Patient Placement Systems (PPS) announced today the availability of free customized census and revenue analyses for multi-location SNF clients that illustrate the potential revenue growth associated with incremental 1 percent increases in census. The analysis models growth up to 5 percent—levels the PPS has documented with a 26-SNF client using its Referral Management System).

These analyses take actual financial and census data from multi-location skilled nursing facilities and model the increase in revenue based on their average revenue per patient day. The sample SNF census and revenue analysis linked here shows a gain of $10 million annually for an 18-location SNF that builds census from 86 percent (about the average for nursing homes) to 91 percent.

“The math is powerful and demonstrates how effective marketing, improved business intelligence, faster referral response times and automated admissions processes can drive dramatic growth in revenue,” said Doug Walker, VP and general manager of Patient Placement Systems. “With diminished RUG-IV reimbursements looming and general economic conditions, these things are more important now than ever before for skilled nursing facilities.”

Walker noted how several multi-location nursing home chains were effectively improving marketing and building census with the automated Web-based Referral Management System.

About Patient Placement Systems
Patient Placement Systems designed the Web-based Referral Management System to automate and accelerate the referral, admissions and marketing processes for skilled nursing facilities.  Clients improving their admissions and referral management with our solutions include Greystone Healthcare Management, Kindred Healthcare, Berkshire Healthcare Systems, Extendicare and Royal Health Group.  For more information, visit www. PatientPlacement.com or call 877-748-6656.

Skilled nursing facility executives can follow this link to request a customized census and revenue analysis done their organizations.

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