Author: Barb Hull

There may be a range of long term care facilities under your community management. You may have an assisted living facility, independent living facility and nursing home facility. Managing all the files for residents to provide superior quality care can be a hassle, especially when you have residents moving from one facility to the next for more advanced care. Having...

Adding more locations and companies to your growing franchise enterprise is great for the bottom line. However, multi-company franchises also face unique challenges that can’t be solved with basic accounting software. Spreadsheets and redundant data entry from disparate systems is burdensome to your accounting team and puts business-critical data at risk. Before growth leads to costly problems, replace outdated systems...

Transfer Express, a Mentor Ohio based business specializing in heat applied transfers of numbers or names on to sports jersey’s and t-shirts, turned to Socius in an effort to increase efficiency and lower costs. Operating in a small, niche industry, Transfer Express were looking for any edge they could find. Partnering with Socius they decided to switch their systems to...

Maintaining the necessary inventory for each senior and long-term care facility grows more complicated with each acquisition and expansion. Making sure residents have the right supplies, including everything from medicine to wheelchairs, becomes increasingly challenging and expensive during times of growth. Ensure you have the right items for residents and control purchasing costs by centralizing inventory and material management operations. The...

Franchise operations are primed for growth; however, no one said growth would be easy. Of the challenges that arise during periods of growth, the most notable and concerning is that entry-level accounting systems can’t keep up. Your accounting team will then turn to spreadsheets and manual processes to manage payables, inventory and other information. Not only are these processes time-consuming,...

Regulatory oversight is an important, necessary undertaking for  long-term care facilities. There is no shortage of rules and regulations to follow or reports to prepare for various state and local entities, in addition to shareholders. Tracking key information in spreadsheets is risky and errors can cause chaos during an audit or visit by the health department. Growing businesses often struggle to...

Current senior and long-term care facilities are experiencing growth which is as exciting as it is challenging. Adding multiple locations, hiring more employees and serving new residents will contribute to profits; however, it also introduces new risks. Disconnected business management systems will make data collection and reporting even more difficult which can lead to employee burn out and threaten regulatory...

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