McKnight’s Senior Living August 29, 2024
Have you ever wondered why financial health matters so much in senior living communities? It’s more than just numbers — it’s the backbone of exceptional care and services. The financial health of an operator’s community directly affects its ability to provide quality care and services to residents.
As the CEO of Intrex, I’ve witnessed firsthand the transformative impact of advanced fall detection technology on senior living communities. The intersection of resident safety and financial sustainability has never been more critical, and tech solutions are reshaping the industry landscape.
Getting real about NOI: Why it matters for senior living communities
So, what’s the big deal with net operating income, or NOI? Simply put, it’s the gap between what a senior living...
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