Oaks Senior Living Management Services
Leading the way in exceptional senior care.
Do you own, or would like to build an assisted living community or personal care home? If you have property waiting for the market to rebound, consider providing a much-needed service to the community. Baby Boomers are well into retirement age, and the aging population is increasing at record numbers. As a result, retirement, senior living, and assisted living communities are in high demand.
If you are looking to build, Oaks Senior Living Management Services will be with you from site selection to 100% occupancy. If you have a community and would like experienced professionals to manage your property, we offer operation oversight, marketing development as well as staffing and human resource guidance. Our experience has prepared our team to focus on providing the very best care for residents and delivering optimal business results.
Interested in Oaks Senior Living Management Services? Contact Us.
Management Services
- Provide Operations Oversight and Expertise
- Supervise Daily Operations
- Implement Policies and Procedures
- Establish Qualitative and Quantitative Performance Objectives
- Implement Pre-Opening “Countdown” Tasks and Strategies
- Develop and Implement Licensure and Regulatory Compliance Program
Sales and Marketing Initiatives
- Select and install efficient lead tracking system
- Coordinate marketing collateral development
- Develop a strategic sales and marketing plan and budget Manage/supervise all operations and activities
- Provide status reporting; weekly, monthly, quarterly, annually
- Deliver defined performance results to agreed-to budgets and forecasts Conduct periodic competitive analysis
Provide Operating Systems
- Develop/Install Accounting Systems/Software, Policy and Procedures
- Execute Manual, Residency Agreements, Employee Manual
- Maintain External Agency Compliance Reporting, etc.
Staffing/Human Resource
- Develop Job Descriptions
- Recommend Compensation and Benefits Plan
- Recruit and Interview Candidates
- Hire and Terminate
- Train
- Supervise
- Implement Payroll Processing Systems
- Monitor Team Member Satisfaction
Financial Management and Controls
- Establish
- Maintain
- Monitor
- Report
- Prepare Billings and Collect Receivables; Disburse Payables
- Establish and Review All Service Contracts
- Group Purchasing Programs
- Prepare Annual Budget
- Obtain Owner Review and Approval
- Prepare Capital Budgeting and Expenditure Plan
Monthly Financial Statements
- Report Monthly
- Compare Actuals vs. Budget
- Issue Variance Reports
- Balance Sheets
- Income Statements
- General Ledgers
- Loan Covenant Summaries
Resident Care
- Develop Overall Care Plan and Implement System
- Create Resident Assessment Criteria
- Define/Maintain Appropriate Standards of Care
- Monitor and Comply with All State and Local Regulations
- Define and Monitor Resident Expected Outcomes
- Monitor and Respond to Acuity/Cost Creep
- Monitor Resident and Family Satisfaction
Risk Management
- Recommend Adequate Insurance Coverage
- Keep Appropriate Insurance Coverage in Force
- Institute Risk Management Systems
- Monitor and Minimize Current and Future Insurance/Risk Management Costs
- Conduct Mock Surveys
Capital Expenditures
- Develop and Execute Short Run Capital Expenditure (CAP X) Program
- Design and Execute a 5-Year Revolving Capital Expenditure Plan and Budget