The Essential Role of Data in SNF Success
For skilled nursing facilities eager to improve low occupancy and increase revenue, the critical role of data cannot be ignored. Data can help facilities understand their capabilities and then use them to develop a deeper understanding of their referral sources, potential patient population, and current standing in the local marketplace. Data can also help facilities create unique programs focusing on specialty care for seniors.
Data Brings Truth to Light
It’s easy to assume we know our strengths and weaknesses. Facilities may think they are great at preventing avoidable rehospitalizations. But does the data agree? Examining outcomes and quality data helps you see your strengths and weaknesses clearly and without bias. Examining strengths and weaknesses can help you get to the bottom of challenges like low occupancy. It also highlights opportunities to create specialty care programs that match your facility’s strengths.
Data Helps Drive Strategic Decisions
In skilled nursing, it’s crucial to offer specialty care for seniors. Analyzing referral data helps you decide which specialized programs to focus on and which might not be worth pursuing. Developing specialty programs can help you strengthen your relationship with the right referral sources, which can help increase census.
Data Helps You Target the Right Referral Sources
Do you know for a fact which hospitals discharge which types of patients? You might think you do, but without checking the data, you may be wrong. Furthermore, are you really getting the share of referrals you think you are? Data can help you understand if your “best” referral source actually has your facility at the top of their list. It can also help you understand what type of specialty care programs your referral sources are looking for when discharging patients.
Fisher Health Care Consulting Can Help
Fischer Health Care Consulting uses proprietary referral data to unlock your community’s potential to take more referrals and higher acuity admissions. We’ll assist you in defining specific goals for your community and building more services to strengthen your position in the marketplace. Also, we can assist you in sourcing and working with the nation’s best specialists.