If you’re not convinced that now more than ever you need to set and receive the care fees you need and not accept the fees your commissioners want to pay, here are 7 compelling reasons why.
The image to this article is a pretty strong clue as to why you should never accept the low care fees your commissioners from local authorities and ICBs want to pay. If you do accept their fees you will almost certainly go the same way as too many other care providers – you will have to close your business or go insolvent.
Here are 6 specific reasons why you should not accept the fee a commissioner wants to pay but instead set the fee you actually need.
If you want to be control of your care business, knowing breakeven point is crucial. It provides valuable insights into a business’s financial performance and viability.
Your breakeven point is the foundation upon which the financial stability and hence sustainability of your care business rests.
If your day is filled with resolving problem in your care home and you struggle to step back and be the leader it needs you to be, here’s how to eliminate most problems before they occur.
Don’t guess the financial impact of empty beds – know what it is. Do the maths and know how to properly manage empty beds.
Are you on an impossible mission of trying to keep your residents safe from Covid-19 whilst trying to keep your head above water.
