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23 Sept 2021
18m

Conversation with John Shafaee, CEO, Medtelligent, a podcast presented by Medtelligent

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McKnight's Podcast

Length-of-stay (LOS) serves as a vital key performance indicator for assisted living communities, directly impacting both financial stability and resident care outcomes. While operators traditionally prioritize occupancy, focusing on LOS reveals significant opportunities for top-line revenue growth and operational stability. Research indicates that staff tenure accounts for 50% of the factors influencing how long residents remain in a community, highlighting the necessity of investing in frontline caregivers. Technology platforms like ALIS facilitate this shift by providing data-driven insights, enabling precision pricing, and identifying changes in resident conditions early. As the industry transitions from a real estate-centric model to a healthcare-focused one, leveraging these tools and prioritizing staff retention allows communities to differentiate their care, improve long-term resident health, and adapt to emerging models like Medicare Advantage.

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